PALM BEACH GARDENS, Fla. (AP) — PALM BEACH GARDENS, Fla. (AP) — Dycom Industries Inc. (DY) on Wednesday reported fiscal third-quarter earnings of $69.8 million.
On a per-share basis, the Palm Beach Gardens, Florida-based company said it had profit of $2.37. Earnings, adjusted for one-time gains and costs, came to $2.68 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.35 per share.
The provider of specialty contracting services posted revenue of $1.27 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $1.22 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