Dycom Industries Inc. (DY) reported strong results for first-quarter fiscal 2025 (ended Apr 27, 2024). Both the top and bottom lines surpassed their respective Zacks Consensus Estimate. Contract revenues and earnings increased on a year-over-year basis. Shares of the company gained nearly 9% in the pre-market trading session on May 22. Notably, in May, the company acquired a telecommunications construction contractor that will expand its geographic footprint in Alaska. Earnings & Revenue Discussion Dycom re ...

Dycom Industries, Inc. (NYSE:DY) Q1 2025 Results Conference Call May 22, 2024 9:00 AM ET Company Participants Steven Nielsen - President and Chief Executive Officer Ryan Urness - General Counsel Drew DeFerrari - Chief Financial Officer Conference Call Participants Alex Rygiel - B. Riley Securities Adam Thalhimer - Thompson, Davis Sangita Jain - KeyBanc Capital Markets Alex Waters - BofA Steven Fisher - UBS Brent Thielman - D.A. Davidson Eric Luebchow - Wells Fargo Christian Schwab - Craig Hallum Capital Gro ...

Dycom Industries (DY) came out with quarterly earnings of $2.12 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.73 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 52.52%. A quarter ago, it was expected that this provider of specialty contracting services would post earnings of $0.91 per share when it actually produced earnings of $0.79, delivering a surprise of -13.19%. Over ...

Exhibit 99.1 NEWS RELEASE May 22, 2024 DYCOM INDUSTRIES, INC. ANNOUNCES FISCAL 2025 FIRST QUARTER RESULTS First Quarter Highlights Palm Beach Gardens, Florida, May 22, 2024 - Dycom Industries, Inc. (NYSE: DY) announced today its results for the first quarter ended April 27, 2024. Contract revenues increased 9.3% to $1.142 billion for the quarter ended April 27, 2024, compared to $1.045 billion in the year ago quarter. Contract revenues increased 2.5% on an organic basis after excluding $71.2 million of cont ...

First Quarter Highlights PALM BEACH GARDENS, Fla., May 22, 2024 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) announced today its results for the first quarter ended April 27, 2024. Contract revenues increased 9.3% to $1.142 billion for the quarter ended April 27, 2024, compared to $1.045 billion in the year ago quarter. Contract revenues increased 2.5% on an organic basis after excluding $71.2 million of contract revenues from acquired businesses that were not owned during the year ago quarter. Non ...

First Quarter Highlights PALM BEACH GARDENS, Fla., May 22, 2024 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) announced today its results for the first quarter ended April 27, 2024. Contract revenues increased 9.3% to $1.142 billion for the quarter ended April 27, 2024, compared to $1.045 billion in the year ago quarter. Contract revenues increased 2.5% on an organic basis after excluding $71.2 million of contract revenues from acquired businesses that were not owned during the year ago quarter. Non ...

Dycom Industries (DY) closed at $147.48 in the latest trading session, marking a -1.67% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.21%. On the other hand, the Dow registered a loss of 0.1%, and the technology-centric Nasdaq decreased by 0.26%. Prior to today's trading, shares of the provider of specialty contracting services had gained 11.3% over the past month. This has outpaced the Construction sector's gain of 6.18% and the S&P 500's gain of 5.04% in that t ...

Dycom Industries, Inc. (DY) is scheduled to report first-quarter fiscal 2025 results on May 22, before the opening bell. In the last reported quarter, the company's earnings missed the Zacks Consensus Estimate by 13.2% and declined 4.8% from a year ago. Contract revenues increased 3.8% year over year but lagged the consensus mark by 2%. This specialty contracting services provider surpassed earnings estimates in three of the trailing four quarters, with an average of 53.9%. Earnings & Revenue Expectations T ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate re ...

PALM BEACH GARDENS, Fla., May 10, 2024 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE:DY) will host a conference call to discuss fiscal 2025 first quarter results on Wednesday, May 22, 2024, at 9:00 a.m. Eastern time. Dycom will issue a press release reporting its results earlier that morning. Interested parties may participate in the question and answer session of the conference call by registering at https://register.vevent.com/register/BI1c2e72a7bcd9487582598a90de01968e. Upon registration, participants ...