Dycom Industries (DY) Misses Q2 EPS by 3c, Slight Beat on Revenues; Offers FY19 EPS Outlook Below Consensus, FY19 Revenue Mid-Point Guidance Below Consensus

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Go back to Dycom Industries (DY) Misses Q2 EPS by 3c, Slight Beat on Revenues; Offers FY19 EPS Outlook Below Consensus, FY19 Revenue Mid-Point Guidance Below Consensus

Dycom Industries, Inc. Announces Fiscal 2019 Second Quarter Results and Affirms Updated Guidance for Fiscal 2019 and Fiscal 2019 Third Quarter

August 29, 2018 6:00 AM EDT

PALM BEACH GARDENS, Fla., Aug. 29, 2018 /PRNewswire/ -- Dycom Industries, Inc. (NYSE: DY) announced today its results for the second quarter and six months ended July 28, 2018. The Company also affirmed its financial guidance for the 2019 fiscal year ending January 26, 2019 and outlook for the quarter ending October 27, 2018 that was previously provided by the Company on August 13, 2018. The Company reported:

Contract revenues of $799.5 million for the quarter ended July 28, 2018, compared to $780.2 million for the quarter ended July 29, 2017. Contract revenues for the quarter ended July 28, 2018 increased 0.8% on an organic basis after excluding $3.8... More