Dycom Industries, Inc. (NYSE: DY) is scheduled to report second-quarter fiscal 2025 (ended on Jul 27, 2024) results on Aug 21, before the opening bell.
In the last reported quarter, the company's earnings beat the Zacks Consensus Estimate by 52.5% and increased 22.5% from a year ago. Contract revenues increased 9.3% year over year and topped the consensus mark by 4.8%.
This specialty contracting services provider surpassed earnings estimates in three of the trailing four quarters, with an average of 30.2%.
Earnings & Revenue Expectations
The Zacks Consensus Estimate for Dycom's fiscal second-quarter earnings per share has moved up to $2.18 from $2.15 in the past 60 days. The estimated figure indicates a 7.4% increase on a year-over-year basis.
Dycom Industries, Inc. Price and EPS Surprise
Dycom Industries, Inc. price-eps-surprise | Dycom Industries, Inc. Quote
The consensus estimate for revenues is pegged at $1.19 billion, indicating a 14.7% year-over-year rise.
Factors to Note
Dycom's revenues and EPS are expected to have increased in the to-be-reported quarter, given the strong contribution from the Bigham acquisition. DY is banking on increased demand for network bandwidth and mobile broadband, an extended geographic reach, proficient program management and network planning services. Moreover, improving demand trends among DY's top five customers and all other customers are likely to have contributed ...
