Dycom Gears Up to Report Q3 Earnings: Factors to Consider

Zacks2024-11-19

Dycom Industries, Inc. DY is scheduled to report third-quarter fiscal 2025 (ended on Oct. 26, 2024) results on Nov. 20, before the opening bell.Stay up-to-date with all quarterly releases: See Zacks ...

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DY is scheduled to report third-quarter fiscal 2025 (ended on Oct. 26, 2024) results on Nov. 20, before the opening bell.Stay up-to-date with all quarterly releases: See Zacks ...</p>\n\n<a href=\"https://finance.yahoo.com/news/dycom-gears-report-q3-earnings-170200964.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dycom Gears Up to Report Q3 Earnings: Factors to Consider</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDycom Gears Up to Report Q3 Earnings: Factors to Consider\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-19 01:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/dycom-gears-report-q3-earnings-170200964.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dycom Industries, Inc. DY is scheduled to report third-quarter fiscal 2025 (ended on Oct. 26, 2024) results on Nov. 20, before the opening bell.Stay up-to-date with all quarterly releases: See Zacks ...</p>\n\n<a href=\"https://finance.yahoo.com/news/dycom-gears-report-q3-earnings-170200964.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://finance.yahoo.com/news/dycom-gears-report-q3-earnings-170200964.html","article_id":"2484560265","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5WCgJlZ7OespHomV24Mw3A--~B/aD00MTQ7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/e2dd0a50354aacef29a61393ed299987"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484560265","pubTimestamp":1731949320,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Dycom Industries, Inc. DY is scheduled to report third-quarter fiscal 2025  results on Nov. 20, before the opening bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 12.8% and increased 21.2% from a year ago. Contract revenues increased 15.5% year over year and topped the consensus mark by 0.7%.This specialty contracting services provider surpassed earnings estimates in three of the trailing four quarters and missed once, with an average of 27.9%.The Zacks Consensus Estimate for Dycom’s fiscal third-quarter earnings per share  has remained stable at $2.35 in the past 60 days. The estimated figure indicates a 16.7% decrease on a year-over-year basis.Dycom Industries, Inc. price-eps-surprise | Dycom Industries, Inc. Quote. The consensus estimate for revenues is pegged at $1.24 billion, indicating an 8.8% year-over-year rise.Our proven model does not conclusively predict an","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Dycom准备报告第三季度收益：需要考虑的因素","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DY":1,"EME":0.9,"MTZ":0.9,"PWR":0.9},"content_text":"Dycom Industries, Inc. DY is scheduled to report third-quarter fiscal 2025 (ended on Oct. 26, 2024) results on Nov. 20, before the opening bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 12.8% and increased 21.2% from a year ago. Contract revenues increased 15.5% year over year and topped the consensus mark by 0.7%.This specialty contracting services provider surpassed earnings estimates in three of the trailing four quarters and missed once, with an average of 27.9%.\nEarnings & Revenue Expectations\nThe Zacks Consensus Estimate for Dycom’s fiscal third-quarter earnings per share (EPS) has remained stable at $2.35 in the past 60 days. The estimated figure indicates a 16.7% decrease on a year-over-year basis.\n\nDycom Industries, Inc. Price and EPS Surprise\n\nDycom Industries, Inc. price-eps-surprise | Dycom Industries, Inc. Quote\n\nThe consensus estimate for revenues is pegged at $1.24 billion, indicating an 8.8% year-over-year rise.\nFactors to Note\nDycom’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 to the top line.For the fiscal third quarter, DY expects contract revenues to grow by mid to high-single digits year over year. Additionally, it expects $75 million of acquired contract revenues for the quarter. The adjusted EBITDA margin is expected to increase 20-50 bps from the year-ago levels.Our model predicts the fiscal third-quarter revenues in the Telecommunications segment (excluding Bigham acquisition) to be $1.03 billion, indicating a rise of 5.1% from the prior-quarter figure. Revenues of the Underground Facility unit are pegged at $84.2 million, up 9.6% from the prior-quarter level. The consensus mark for Electrical and gas utilities and other business revenues is pegged at $34.7 million, indicating a decrease of 3.5% year over year.For the fiscal third quarter, we expect a backlog of $7.22 billion, indicating an increase from $6.61 billion reported in the prior quarter.However, challenges such as labor shortages and increased costs are expected to have exerted pressure on Dycom's quarterly performance. Fluctuations in oil prices pose a significant obstacle for DY, as higher fuel prices directly impact business costs.Our model projects an adjusted EBITDA margin of 13.2%, down from 14.7% reported a year ago.\nWhat the Zacks Model Says\nOur proven model does not conclusively predict an earnings beat for Dycom this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case here, as you will see below.Dycom currently has an Earnings ESP of -14.32%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Presently, DY carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.\nRecent Construction Releases\nEMCOR Group, Inc. EME reported impressive third-quarter 2024 results, with earnings and revenues surpassing the Zacks Consensus Estimate and increasing year over year.The upside was backed by innovation and high-demand projects, particularly in data centers, semiconductor plants, and institutional sectors. Strength across the segments helped the company achieve 12.6% higher organic revenues. The company now expects annual revenues of at least $14.5 billion compared with $14.5-$15 billion expected earlier.MasTec, Inc. MTZ reported stellar earnings for third-quarter 2024, which handily surpassed the Zacks Consensus Estimate and increased strongly on a year-over-year basis.However, revenues missed the analysts’ expectations and slightly declined on a year-over-year basis. MTZ posted nearly 6% lower revenues from its previously provided guidance of $3.45 billion due to near-term project delays.Quanta Services Inc. PWR reported mixed results for the third quarter of 2024, wherein adjusted earnings beat the Zacks Consensus Estimate, but revenues missed the same.Quanta reported a strong quarter with double-digit growth across key financial metrics, a record backlog of $34 billion and $539.5 million in free cash flow. CEO Duke Austin attributed this growth to Quanta’s diverse portfolio, high demand, effective execution and an expanding market.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nQuanta Services, Inc. (PWR) : Free Stock Analysis Report\nEMCOR Group, Inc. (EME) : Free Stock Analysis Report\nDycom Industries, Inc. (DY) : Free Stock Analysis Report\nMasTec, Inc. (MTZ) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484560265"}