Dycom Industries: Fiscal Q2 Earnings Snapshot

WEST PALM BEACH, Fla. (AP) — WEST PALM BEACH, Fla. (AP) — Dycom Industries Inc. (DY) on Wednesday reported fiscal second-quarter net income of $97.5 million.

The West Palm Beach, Florida-based company said it had net income of $3.33 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.86 per share.

The provider of specialty contracting services posted revenue of $1.38 billion in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $1.4 billion.

For the current quarter ending in October, Dycom Industries said it expects revenue in the range of $1.38 billion to $1.43 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DY at https://www.zacks.com/ap/DY

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