Dycom Industries, Inc. (NYSE:DY ) Q3 2025 Earnings Conference Call November 20, 2024 9:00 AM ET Company Participants Steven Nielsen - CEO Ryan Urness - General Counsel Daniel Peyovich - President & Chief Operating Officer Andrew DeFerrari - CFO Conference Call Participants Adam Thalhimer - Thompson Davis Alex Waters - BofA Min Cho - B. Riley Securities Frank Louthan - Raymond James Sangita Jain - KeyBanc Capital Markets Eric Luebchow - Wells Fargo Jean Ramirez - D.A.
Dycom Industries (DY) came out with quarterly earnings of $2.68 per share, beating the Zacks Consensus Estimate of $2.35 per share. This compares to earnings of $2.82 per share a year ago.
DY's fiscal third-quarter 2025 results are likely to reflect soft demand from the top five customers.
Dycom Industries (DY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Dycom Industries has shown over 50% return in 2024, with BEAD expected to drive further growth, leading to a BUY rating with a $389.68 FY 2027 target price. Dycom's strong relationships with major telecom providers and its extensive geographical presence position it well to capitalize on BEAD opportunities. BEAD is anticipated to significantly boost Dycom's revenue and margin growth from FY 2026, with a peak organic growth forecast of 21%.
Here is how Dycom Industries (DY) and Toll Brothers (TOL) have performed compared to their sector so far this year.
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If you are looking for stocks that are well positioned to maintain their recent uptrend, Dycom Industries (DY) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
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DY reported strong 2Q25 earnings result as revenue grew 15.5% year-over-year. Organically, the company still grew at a respectable 9.2%. Adjusted EBITDA margin improved to 13.2%, while adjusted net income margin increased to 6%, boosting adjusted diluted EPS to $2.46. The acquisition of Black & Veatch's wireless telecommunications infrastructure business is expected to contribute $250-$275 million in FY2026 revenue and add $1 billion to DY's backlog through 2027.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.