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Why Is Dycom Industries (DY) Down 5.9% Since Last Earnings Report?
DYDycom(DY) ZACKS·2024-06-22 00:31

Will the recent negative trend continue leading up to its next earnings release, or is Dycom Industries due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Notably, in May, the company acquired a telecommunications construction contractor that will expand its geographic footprint in Alaska. Contract revenues of $1.14 million surpassed the consensus mark ...