Dycom Industries, Inc. (NYSE:DY) is reporting third quarter earnings results on Tuesday 24th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 1.05 per share from $ 817.69 million in revenue.
For the full year, analysts predict revenues of $ 3200.07 million, while looking forward to income of $ 2.82 per share.
Previous Quarter Performance
Dycom Industries, Inc. communicated income for the second quarter of $ 1.18 per share, from the revenue of $ 823.92 million. The quarterly earnings up 8.26 percent compared with the same quarter last year. According to street consensus, DY was expected to report 2Q21 income of $ 0.68 per share from revenue of $ 851.57 million. The bottom line results beat street analysts by $ 0.5 or 73.53 percent, at the same time, top line results fell short of analysts by $ 27.65 million or 3.25 percent.
Stock Performance
Shares of Dycom Industries, Inc. traded up $ 4.01 or 5.40 percent on Monday, reaching $ 78.23 with volume of 809.40 thousand shares. Dycom Industries, Inc. has traded high as $ 78.38 and has cracked $ 75.07 on the downward trend
According to the previous trading day, closing price of $ 78.23, representing a 506.37 % increase from the 52 week low of $ 12.24 and a 5.7 % decrease over the 52 week high of $ 78.71.
The company has a market capital of $ 2.49 billion and is part of the Industrials sector and Engineering & Construction industry.
Conference Call
Dycom Industries, Inc. will be hosting a conference call at 9:00 AM eastern time on 24th November 2020, to discuss its 3Q21 financial results with the investment community. The participants may dial, (833) 519-1313 or (914) 800-3879 Toll Number, when prompted, enter passcode 1388665 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.dycomind.com
Dycom Industries, Inc. provides specialty contracting services in the United States. The company offers various specialty contracting services, including program management, engineering, construction, maintenance, and installation services, such as placement and splicing of fiber, copper, and coaxial cables to telecommunications providers.
