Dycom Industries (DY) Tops Q2 EPS by 37c; offers in-line outlook for Q3

Dycom Industries (NYSE: DY) reported Q2 EPS of $2.03, $0.37 better than the analyst estimate of $1.66. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.04 billion.

GUIDANCE:

The Company expects organic contract revenues for the quarter ending October 28, 2023 to be in line with contract revenues for the quarter ended October 29, 2022. In addition, the Company expects approximately $30 million of acquired contract revenues for the quarter ending October 28, 2023. Non-GAAP Adjusted EBITDA as a percentage of contract revenues for the quarter ending October 28, 2023 is expected to increase 50 to 100 basis points as compared to the quarter ended October 29, 2022.

For earnings history and earnings-related data on Dycom Industries (DY) click here.

You May Also Be Interested In

• Citrini flags overheating concerns as leverage, chip rally weigh on KOSPI
• Synopsys upgraded at Piper Sandler on Intel foundry momentum, Apple opportunity
• Ennis (EBF) Reports In-Line Q1 EPS