Dycom Industries, Inc. Announces Fiscal 2019 First Quarter Results, Provides Guidance For The Next Fiscal Quarter And Lowers Expectations For The Full Fiscal Year

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Go back to Dycom Industries, Inc. Announces Fiscal 2019 First Quarter Results, Provides Guidance For The Next Fiscal Quarter And Lowers Expectations For The Full Fiscal Year

Dycom Industries (DY) PT Lowered to $100 at Craig-Hallum

May 23, 2018 10:29 AM EDT

Craig-Hallum lowered its price target on Dycom Industries (NYSE: DY) to $100.00 (from $129.00) while maintaining a Buy rating.

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Dycom Industries (DY) Misses Q1 EPS by 5c, Miss on Revenues; Lowers FY19 EPS/Revenue Outlook

May 22, 2018 6:03 AM EDT

Dycom Industries (NYSE: DY) reported Q1 EPS of $0.65, $0.05 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $731.38 million versus the consensus estimate of $734.86 million.

Contract revenues of $731.4 million for the quarter ended April 28, 2018, compared to $786.3 million for the quarter ended April 29, 2017. Contract revenues for the quarter ended April 28, 2018 decreased 10.0% on an organic basis. Organic revenue excludes $14.8 million of contract revenues from storm restoration services in the current period and contract revenues from acquired... More