Dycom earnings 2/23

http://finance.yahoo.com/news/why-earnings-season-could-grea…
Why Earnings Season Could Be Great for Dycom Industries (DY) by Zacks

Dycom Industries is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings—with the most up-to-date information possible—is a pretty good indicator of some favorable trends underneath the surface for DY in this report.

In fact, the Most Accurate Estimate for the current quarter is currently at 58 cents per share for DY, compared to a Zacks Consensus Estimate of 57 cents per share. This suggests that analysts have very recently bumped up their estimates for DY, giving the stock a Zacks Earnings ESP of 1.75% heading into earnings season.

http://www.fool.com/investing/general/2016/02/21/can-mastec-…
a snippet from Fool article on “competitor” Mastec…

The impact from the energy slump is clear when you compare MasTec’s performance to that of industry peer Dycom Industries (NYSE:DY). Dycom shares doubled in 2015, and the company works in many of the same areas that MasTec does. Dycom does work for telecommunications companies and electric and gas utilities, obtaining key infrastructure contracts that have them contributing to the overall growth of their customers. For Dycom, telecom companies have been a key source of business, because the rapid pace at which major players in telecom are working to expand their wireless networks has provided Dycom with a predictable yet large market to serve. Unlike MasTec, Dycom doesn’t have substantial direct exposure to the oil and gas market, and that has insulated Dycom in a way that has protected its shares from the damage that MasTec has taken.

Yahoo says earnings are after hours.

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Pete,

From last quarter’s forecast for Q2, have you seen any revisions to the up or down side?

http://www.fool.com/investing/general/2015/11/25/dycoms-fisc…

Looking forward
Dycom expects fiscal second-quarter revenue in the range of $530 million to $550 million, solidly higher than the consensus estimate of $527.3 million. It guided for adjusted earnings per share of $0.52-$0.60, significantly more than the $0.39 analysts were projecting, and GAAP earnings per share of $0.44-$0.52. The second quarter is the company’s slowest quarter due primarily to the much shorter days, as well as the colder weather in many parts of the country.

Just curious about what expectations are for tomorrow and if they are still in the $0.52-$0.60 range.

Thanks,
–Kevin

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