FBR Capital Raises Price Target on Dycom Industries (DY) to $115 Following 3Q EPS Beat
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Pre-Open Stock Movers 05/25: (CSC) (SRPT) (HPE) Higher; (EXPR) (CBL) (BCEI) Lower (more...)
May 25, 2016 9:25 AM EDTToday's Pre-Open Stock Movers:
CSC (NYSE: CSC) 31.2% HIGHER; Hewlett Packard Enterprise (NYSE: HPE) announced plans for a tax-free spin-off and merger of its Enterprise Services business with CSC (NYSE: CSC), which will create a pure-play, global IT services powerhouse. The spin-off and merger is the logical next step in the turnaround of HPE's Enterprise Services segment. It also allows a standalone HPE to further sharpen its leadership in building the vital... More
Dycom Industries (DY) Expands Credit Facility to $800M
May 24, 2016 4:08 PM EDTDycom Industries, Inc. (NYSE: DY) today announced that it has amended its existing credit agreement to increase the term loan facility by $200.0 million to $350.0 million in total. Dycom intends to use the proceeds of the additional term loan to pay down revolving loans, thus increasing... More
Dycom Industries (DY) Tops Q3 EPS by 34c, Offers Q4 Guidance
May 24, 2016 4:08 PM EDTDycom Industries (NYSE: DY) reported Q3 EPS of $1.08, $0.34 better than the analyst estimate of $0.74. Revenue for the quarter came in at $664.6 million versus the consensus estimate of $597.78 million.
GUIDANCE:
Dycom Industries sees Q4 2016 EPS of $1.45-$1.60. Dycom Industries sees Q4 2016... More
Trading Radar for 5/24: Best Buy (BBY), AutoZone (AZO), HP Enterprise (HPE), Toll Brothers (TOL) Report
May 23, 2016 2:28 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Earnings:
AutoZone (NYSE: AZO) - consensus EPS $10.92
Best Buy (NYSE: BBY) - consensus EPS $0.35
DSW, Inc. (NYSE:... More
