Dycom Industries: Fiscal Q4 Earnings Snapshot

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PALM BEACH GARDENS, Fla. (AP) — PALM BEACH GARDENS, Fla. (AP) — Dycom Industries Inc. (DY) on Wednesday reported fiscal fourth-quarter profit of $23.4 million.

On a per-share basis, the Palm Beach Gardens, Florida-based company said it had profit of 79 cents.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share.

The provider of specialty contracting services posted revenue of $952.5 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $971.4 million.

For the year, the company reported profit of $218.9 million, or $7.37 per share. Revenue was reported as $4.18 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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