- Dycom Industries reported a contract revenue of $1.27 billion for the third quarter, marking a 12% year-over-year increase and surpassing the $1.22 billion estimate.
- Reported Earnings Per Share (EPS) was $2.37, compared to last yearβs $2.82.
- Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (Ebitda) was $170.7 million, a 2.4% increase year-over-year, exceeding the estimated $161.7 million.
- The adjusted Ebitda margin was recorded at 13.4%, slightly above the estimate of 13.3% but lower than last year’s 14.7%.
- Adjusted EPS stood at $2.68, notably higher than the estimated $2.27.
- For the quarter ending January 25, 2025, Dycom Industries forecasts total contract revenues to grow by a mid- to high single-digit percentage, compared to $952.5 million for the corresponding quarter ended January 27, 2024.
- Market analysts show confidence in Dycom Industries with 9 buy ratings and no hold or sell ratings.
A look at Dycom Industries Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 2 | |
Dividend | 1 | |
Growth | 5 | |
Resilience | 2 | |
Momentum | 4 | |
OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
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Based on the Smartkarma Smart Scores, Dycom Industries has a mixed long-term outlook. The company receives a high score for Growth, indicating strong potential for expanding its business and increasing revenue over time. This suggests that Dycom is well-positioned to capitalize on opportunities for growth in the engineering and construction services sector.
However, Dycom’s scores in other areas such as Value, Dividend, Resilience, and Momentum are more moderate. This highlights some potential weaknesses or challenges the company may face in terms of valuation, dividend payouts, resilience to economic downturns, and momentum in stock performance. Investors may need to consider these factors alongside the positive growth prospects when evaluating Dycom Industries as an investment opportunity.
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Summary of Dycom Industries: Dycom Industries, Inc. provides engineering, construction, and maintenance services to telecommunication providers in the United States. In addition to its primary services, the Company performs underground utility locating and electric utility contracting services. Dycom also offers services related to the installation of integrated voice, data, and video networks in office buildings.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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