Dycom Industries Beats Projections On Fiscal Q3 EPS And Revenues

Dycom Industries, a provider of specialty contracting services, reported fiscal Q3 adjusted EPS of $1.30, up from $1.08 in the same period a year ago and topping the estimate of $1.19 from analysts polled by CapIQ.

For the quarter ended April 29, total revenues of $786.3 million were up from $664.6 million in the same period a year ago and topped the Street projection of $736.2 million. The company expects Q4 contract revenues in the range of $780 million to $810 million, short of the Street projection of $849 million. Q4 adjusted EPS is expected to range from $1.35 to $1.50, below the $1.78 consensus.

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