Dycom Industries Inc. (DY) revealed earnings for its first quarter that gained ground from last year.
The company said its bottom line advanced to $53.75 million, or $1.67 per share. This was up from $42.03 million, or $1.24 per share, in last year's first quarter.
Analysts had expected the company to earn $1.65 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 21.2% to $799.22 million. This was up from $659.27 million last year.
Dycom Industries Inc. earnings at a glance:
-Earnings (Q1): $53.75 Mln. vs. $42.03 Mln. last year.
-Earnings Growth (Y-o-Y): 27.9%
-EPS (Q1): $1.67 vs. $1.24 last year.
-EPS Growth (Y-o-Y): 34.7%
-Analysts Estimate: $1.65
-Revenue (Q1): $799.22 Mln vs. $659.27 Mln last year.
-Revenue Change (Y-o-Y): 21.2%
-Guidance:
Next quarter EPS guidance: $0.61 - $0.73
Next quarter revenue guidance: $640 - $670 Mln
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