Dycom Industries Inc. reported adjusted earnings per share of $5.29 for the fourth quarter, exceeding analyst expectations by $0.59 and surpassing the consensus estimate of $4.70. Revenue totaled $2.0 billion, above the projected $1.98 billion.
The company’s shares closed at $351.80, though its three-month performance remained down 31.02%. Over the past 12 months, the stock has gained 37.62%.
InvestingPro rated Dycom’s financial health as "good performance" following the results. Analysts have revised earnings estimates upward in the last 90 days, with nine positive revisions and none negative.
