Financial Performance - Contract revenues for Q1 fiscal 2026 increased by 10.2% to $1.259 billion compared to $1.142 billion in Q1 fiscal 2025[3] - Non-GAAP Adjusted EBITDA rose to $150.4 million, representing 11.9% of contract revenues, up from $130.9 million or 11.5% in the prior year[4] - Net income for the quarter was $61.0 million, or $2.09 per diluted share, compared to $62.6 million, or $2.12 per diluted share, in the previous year[4] - Organic contract revenues increased by 0.7% after excluding revenues from acquired businesses[3] Outlook - For fiscal 2026, the company increased its contract revenue outlook to a range of $5.290 billion to $5.425 billion, reflecting a growth of 12.5% to 15.4% over the prior year[6] - The second quarter fiscal 2026 outlook anticipates contract revenues between $1.38 billion and $1.43 billion[9] - Fiscal 2026 will include 53 weeks of operations, with the extra week occurring in the fourth quarter[7] Backlog and Share Repurchase - The company reported a record backlog of $8.127 billion as of April 26, 2025[8] - The company repurchased 200,000 shares for $30.2 million at an average price of $150.93 per share during Q1[5] Tax Benefits - The company experienced income tax benefits of $2.2 million from share-based awards during the quarter[4] - The provision for income taxes included tax benefits of $2.2 million and $5.9 million for the quarters ended April 26, 2025, and April 27, 2024, respectively, due to the vesting and exercise of share-based awards[27] Non-GAAP Measures - The Company reported Non-GAAP Organic Contract Revenues, which are contract revenues from businesses included for the entirety of both the current and prior year periods, excluding certain non-recurring items[26] - Non-GAAP Adjusted EBITDA for the quarter ended April 26, 2025, included stock-based compensation expense of $9.1 million, compared to $7.8 million for the quarter ended April 27, 2024[27]

Core Insights - Dycom Industries, Inc. reported strong financial performance in the first quarter of fiscal 2026, with a 10.2% increase in contract revenues compared to the same quarter in the previous year, reaching $1.259 billion [3][4][9] - The company has increased its full-year fiscal 2026 contract revenue outlook, now expecting revenues between $5.290 billion and $5.425 billion, indicating a growth of 12.5% to 15.4% over the prior year [6][8] - A record backlog of $8.127 billion was reported as of April 26, 2025, reflecting the company's strong market position and demand outlook [9] Financial Performance - Contract revenues for the quarter ended April 26, 2025, were $1.259 billion, up from $1.142 billion in the same quarter last year, marking a 10.2% increase [3][19] - Non-GAAP Adjusted EBITDA rose to $150.4 million, representing 11.9% of contract revenues, compared to $130.9 million or 11.5% in the prior year [4][22] - Net income for the quarter was $61.0 million, or $2.09 per diluted share, slightly down from $62.6 million, or $2.12 per diluted share, in the previous year [4][19] Share Repurchase and Outlook - During the first quarter, the company repurchased 200,000 shares for $30.2 million at an average price of $150.93 per share [5][9] - For the second quarter of fiscal 2026, Dycom expects contract revenues between $1.38 billion and $1.43 billion, with Non-GAAP Adjusted EBITDA projected at $185 million to $200 million [8][9]

Core Viewpoint - Dycom Industries, Inc. is expected to report its first-quarter fiscal 2026 results, with earnings anticipated to show a year-over-year decline despite revenue growth driven by ongoing projects and demand for network bandwidth [1][2][3]. Earnings & Revenue Expectations - The Zacks Consensus Estimate for Dycom's fiscal first-quarter earnings per share (EPS) is stable at $1.60, reflecting a 24.5% decrease year-over-year [2]. - Revenue is estimated at $1.20 billion, indicating a 4.9% year-over-year rise [2]. Factors Influencing Performance - Revenue growth is expected to be driven by fiber-to-the-home deployments, long-haul fiber projects, and wireless equipment upgrades, alongside improved demand from top customers [3]. - Contract revenues are projected to be between $1.16 billion and $1.20 billion, up from $1.14 billion in the prior year [4]. Segment Performance - The Telecommunications segment is expected to generate $1 billion in revenue, a 5.1% increase from the previous year [5]. - The Underground Facility unit's revenues are projected at $86.3 million, up 6.5% year-over-year [5]. Backlog and Challenges - A backlog of $7.28 billion is anticipated, down from $6.36 billion reported in the prior year [6]. - Challenges such as labor shortages and increased costs, particularly due to fluctuations in oil prices, are expected to impact performance [7]. Earnings Guidance - Dycom anticipates diluted EPS in the range of $1.50-$1.73 for the fiscal first quarter, compared to $2.12 in the prior year [7]. - The adjusted EBITDA margin is projected at 11.1%, down from 11.5% reported a year ago [7]. Earnings Prediction Model - The current model does not predict an earnings beat for Dycom, with an Earnings ESP of 0.00% and a Zacks Rank of 3 (Hold) [8][9].

Wall Street analysts forecast that Dycom Industries (DY) will report quarterly earnings of $1.60 per share in its upcoming release, pointing to a year-over-year decline of 24.5%. It is anticipated that revenues will amount to $1.2 billion, exhibiting an increase of 4.9% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Pr ...

WEST PALM BEACH, Fla., May 09, 2025 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) will host a conference call to discuss fiscal 2026 first quarter results on Wednesday, May 21, 2025, at 9:00 a.m. ET. 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-conf.media-server.com/register/BId9b71fb44ee4418c989bfb1e2a716abe. Upon registration, participants ...

Last year, I published bullish pieces on EMCOR Group ( EME ) and MasTec ( MTZ ) wherein I pointed out that specialty contractors are benefiting from the Inflation Reduction Act (IRA) and Infrastructure Investment and Jobs Act [IIJA], as wellI'm an avid investor with a long-term, and sometimes contrarian, approach to equities investing. I started out as a Tech analyst but now also cover Commodities and Energy sectors as the world navigates the energy transition.Analyst’s Disclosure: I/we have no stock, optio ...

WEST PALM BEACH, Fla., April 30, 2025 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) today announced the release of its Fiscal 2025 Corporate Sustainability Report, which outlines the Company’s sustainability strategy, outcomes, and progress. The report highlights Dycom’s critical role in building and maintaining America’s telecommunications and digital infrastructure as The People Connecting America® and reflects its ongoing commitment to transparency and enhanced sustainability disclosure that is m ...

分组1 - Short-term market volatility in 2025 can be mitigated by adopting a longer investment horizon, allowing for potential recovery from near-term losses [1] - Evaluating companies for long-term potential can be simplified by considering Wall Street analysts' price target estimates, which can be averaged to reduce the impact of outlier ratings [2] 分组2 - Dycom Industries Inc. (NYSE: DY) provides contracting services for U.S. telecommunications and utility industries, with a current stock price of $154.41 and a 12-month price forecast of $200.22, indicating a 29.67% upside [4][5] - In Q4 2024, Dycom's contract revenues increased by 13.9% year-over-year to nearly $1.1 billion, with diluted earnings per share (EPS) growing over 40% year-over-year to $1.11 [5][6] - Analysts have initiated coverage on Dycom with an Overweight rating, and the stock's price-to-sales ratio is currently 0.93, suggesting potential value [7][6] 分组3 - Orion Group Holdings Inc. (NYSE: ORN) focuses on industrial construction, with a current stock price of $6.01 and a 12-month price forecast of $12.50, representing a 108.16% upside [8][9] - The company has a $16 billion new business pipeline and a backlog of just under $1 billion, having returned to profitability in Q4 2024 [11] - Orion's stock has fallen approximately 21% year-to-date, but its price-to-sales ratio is now 0.29, making it an attractive value opportunity [12] 分组4 - BlueLinx Holdings Inc. (NYSE: BXC) is expected to face increased materials costs due to tariffs, but its strong U.S. operations and demand for specialized products may mitigate these challenges [14] - The current stock price for BlueLinx is $71.68, with a 12-month price forecast of $122.25, indicating a 70.55% upside [15] - Analysts unanimously rate BlueLinx a Buy, with a consensus price target close to 75% above the current price, highlighting its competitive edge in the niche construction supply chain [16][13]

Dycom Industries, Inc.’s (DY) stock has been trading below its 200-day and 50-day moving averages since the middle of February 2025. On Tuesday, the stock’s closing price of $140.69 was below its 50-day moving average of $165.41 and the 200-day moving average of 178.08.The DY stock has dropped 17.9% so far this year, reflecting pressure from broader market concerns and policy-related uncertainty. This includes potential policy changes under the Trump administration, such as the pause on infrastructure funds ...

Investors in Dycom Industries, Inc. (DY) need to pay close attention to the stock based on moves in the options market lately. That is because the June 20, 2025 $100 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could a ...