On Wednesday, August 26, Dycom Industries (NYSE: DY) will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Dycom Industries EPS is expected to be around $0.68, according to sell-side analysts. Sales will likely be near $851.57 million. In the same quarter last year, Dycom Industries reported earnings per share of $1.09 on sales of $884.22 million. Analysts estimate would represent a 37.61% decrease in the company's earnings per share. Revenue would be down 4% from the same quarter last year.
In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
|Quarter||Q1 2020||Q4 2020||Q3 2019||Q2 2019|
|Revenue Estimate||746.64 M||726.58 M||849.90 M||858.80 M|
|Revenue Actual||814.32 M||737.60 M||884.12 M||884.22 M|
Over the last 52-week period, shares are up 5.84%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Don't be surprised to see the stock move on comments made during its conference call. Dycom Industries is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/kv86y4kh
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