Dycom Industries Inc. (DY) reported earnings for first quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line totaled $61.05 million, or $2.09 per share. This compares with $62.55 million, or $2.12 per share, last year.
Analysts on average had expected the company to earn $1.62 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 10.2% to $1.258 million from $1.142 million last year.
Dycom Industries Inc. earnings at a glance (GAAP) :
-Earnings: $61.05 Mln. vs. $62.55 Mln. last year.-EPS: $2.09 vs. $2.12 last year.-Revenue: $1.258 Mln vs. $1.142 Mln last year.
-Guidance:Next quarter EPS guidance: $2.74 - $3.05Next quarter revenue guidance: $1.38 - $1.43 BlnFull year revenue guidance: $5.290 - $5.425 Bln
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