Dycom Industries, Inc. Announces Fiscal 2017 First Quarter Results And Provides Guidance For The Next Fiscal Quarter

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FBR Capital Cuts Price Target on Dycom Industries (DY) Following 1Q

November 22, 2016 3:59 PM EST

FBR Capital maintained an Outperform rating on Dycom Industries (NYSE: DY), and cut the price target to $115.00 (from $121.00), following the company's 1Q earnings report. Following Dycom Industries' in-line results, FBR adjusted 2017 estimates to account for guidance related to Google and Goodman. FBR reduced revenue estimates to $3,004M (from $3,060M). Adjusted EBITDA estimates were cut to $446M (from $454M), and adjusted EPS of $5.10 was cut from $5.15.... More

Dycom Industries (DY) Tops Q1 EPS by 2c

November 21, 2016 4:12 PM EST

Dycom Industries (NYSE: DY) reported Q1 EPS of $1.67, $0.02 better than the analyst estimate of $1.65. Revenue for the quarter came in at $799.2 million versus the consensus estimate of $801.34 million.

GUIDANCE:

Dycom Industries sees Q2 2017 EPS of $0.61-$0.73, versus the consensus of $0.71.... More