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Market Overview

Preview: Dycom Industries's Earnings

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On Wednesday, March 03, Dycom Industries (NYSE:DY) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Dycom Industries EPS will likely be near $0.04 while revenue will be around $724.45 million, according to analysts. Dycom Industries EPS in the same period a year ago totaled $0.23. Sales were $737.60 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street consensus estimate for earnings would represent a 117.39% increase for the company. Sales would have fallen 1.78% from the same quarter last year. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 1.05 0.68 -0.04 -0.03
EPS Actual 1.06 1.18 0.36 -0.23
Revenue Estimate 817.69 M 851.57 M 746.64 M 726.58 M
Revenue Actual 810.26 M 823.92 M 814.32 M 737.60 M

Stock Performance

Shares of Dycom Industries were trading at $80.85 as of March 01. Over the last 52-week period, shares are up 208.87%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Do not 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.

 

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Posted-In: BZI-EPEarnings