Dycom Gears Up to Report Q1 Earnings: What’s in Store for the Stock?
From Nasdaq: 2025-05-20 11:25:00
Dycom Industries, Inc. (DY) is set to report first-quarter fiscal 2026 results on May 21. In the last quarter, earnings beat estimates by 28.6%, with a 48.1% increase from a year ago. Contract revenues rose 13.9% and surpassed estimates by 5.6%. Earnings have consistently beaten estimates in the past four quarters.
For the first quarter, Dycom is expected to have stable earnings per share (EPS) of $1.60, a 24.5% decrease YoY. Revenue estimates stand at $1.20 billion, a 4.9% increase YoY. Factors like fiber deployments and wireless upgrades are likely to drive revenue growth for the company.
Challenges like labor shortages and increased costs may impact Dycom’s performance. Winter weather could have slowed project execution in the first quarter. However, the company expects strong revenue growth and adjusted EBITDA for the quarter.
Owens Corning (OC) reported better-than-expected results for first-quarter 2025, marking its 24th consecutive earnings beat. TopBuild Corp. (BLD) reported mixed results for the same period, with lower sales volume in the Installation segment. Gibraltar Industries, Inc. (ROCK) saw growth in adjusted earnings but a decline in net sales for the quarter.
Read more at Nasdaq: Dycom Gears Up to Report Q1 Earnings: What’s in Store for the Stock?