Preview: Dycom Industries's Earnings
Portfolio Pulse from Benzinga Insights
Dycom Industries (NYSE:DY) is set to release its latest quarterly earnings report on August 23, 2023. Analysts estimate an earnings per share (EPS) of $1.66. The company's past performance shows it beat EPS estimates last quarter, resulting in a 3.59% increase in share price. However, the stock has been down 17.81% over the last 52-week period.
August 22, 2023 | 3:01 pm
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Dycom Industries is expected to report an EPS of $1.66 in its upcoming earnings. The company's stock price increased by 3.59% after beating EPS estimates last quarter. However, the stock has been down 17.81% over the last 52 weeks.
The upcoming earnings report is a significant event for Dycom Industries. If the company beats the EPS estimate of $1.66, it could positively impact the stock price, as seen in the last quarter. However, the overall negative trend in the stock's performance over the past year may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100