Dycom Industries, Inc. Announces Fiscal 2020 Second Quarter Results And Provides Guidance For The Next Fiscal Quarter

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Canaccord Genuity Reiterates Buy Rating on Dycom Industries (DY)

August 29, 2019 7:12 AM EDT

Canaccord Genuity analyst Chip Moore reiterated a Buy rating and $64.00 price target on Dycom Industries (NYSE: DY). The company had a solid quarter overall, as organic growth surpasses expectations on healthy customer demand and a modification for the oft-discussed large, complex program will provide... More

Dycom Industries (DY) Tops Q2 EPS by 27c, Revenues Beat; Q3 EPS Guidance Below Consensus

August 28, 2019 6:12 AM EDT

Dycom Industries (NYSE: DY) reported Q2 EPS of $1.09, $0.27 better than the analyst estimate of $0.82. Revenue for the quarter came in at $884.2 million versus the consensus estimate of $858.8 million.

Contract revenues of $884.2 million for the quarter ended July 27, 2019, compared to $799.5 million for the quarter ended July 28, 2018. Contract revenues for the quarter ended July 27, 2019 increased 11.1%... More