Dycom Industries (NYSE:DY) issued an update on its second quarter earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $0.70-0.92 for the period, compared to the Thomson Reuters consensus estimate of $0.82. The company issued revenue guidance of $835-885 million, compared to the consensus revenue estimate of $843.96 million.Dycom Industries also updated its Q2 2019 guidance to $0.70-0.92 EPS.
DY opened at $45.55 on Tuesday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 3.52 and a current ratio of 3.85. Dycom Industries has a 1 year low of $41.78 and a 1 year high of $117.40. The company has a market capitalization of $1.46 billion, a P/E ratio of 16.38, a P/E/G ratio of 2.82 and a beta of 1.45.
Dycom Industries (NYSE:DY) last released its earnings results on Tuesday, May 21st. The construction company reported $0.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.11. Dycom Industries had a net margin of 2.01% and a return on equity of 11.24%. The business had revenue of $883.70 million for the quarter, compared to analysts’ expectations of $771.90 million. During the same period last year, the company earned $0.65 earnings per share. The company’s quarterly revenue was up 20.8% on a year-over-year basis. As a group, equities research analysts anticipate that Dycom Industries will post 2.55 EPS for the current year.
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About Dycom Industries
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.
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