Dycom Industries: Fiscal Q1 Earnings Snapshot

Posted 5/24/23

PALM BEACH GARDENS, Fla. (AP) — PALM BEACH GARDENS, Fla. (AP) — Dycom Industries Inc. (DY) on Wednesday reported fiscal first-quarter earnings of $51.5 million.

On a per-share basis, the Palm …

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Dycom Industries: Fiscal Q1 Earnings Snapshot

Posted

PALM BEACH GARDENS, Fla. (AP) — PALM BEACH GARDENS, Fla. (AP) — Dycom Industries Inc. (DY) on Wednesday reported fiscal first-quarter earnings of $51.5 million.

On a per-share basis, the Palm Beach Gardens, Florida-based company said it had profit of $1.73.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share.

The provider of specialty contracting services posted revenue of $1.05 billion in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $939.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DY at https://www.zacks.com/ap/DY

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