Dycom Industries (DY) Approves New $150 Million Stock Repurchase Program

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Dycom Industries (DY) Misses Q2 EPS by 3c, Slight Beat on Revenues; Offers FY19 EPS Outlook Below Consensus, FY19 Revenue Mid-Point Guidance Below Consensus

August 29, 2018 6:02 AM EDT

Dycom Industries (NYSE: DY) reported Q2 EPS of $1.05, $0.03 worse than the analyst estimate of $1.08. Revenue for the quarter came in at $799.5 million versus the consensus estimate of $799.45 million.

Contract revenues of $799.5 million for the quarter ended July 28, 2018, compared to $780.2 million for the quarter ended July 29, 2017. Contract revenues for... More