Dycom's (DY) Q4 Earnings & Revenues Lag Estimates, Stock Up

Dycom Industries Inc. (DY) reported tepid results for fourth-quarter fiscal 2024 (ended Jan 27, 2024). Both the top and bottom lines missed their respective Zacks Consensus Estimate.Contract revenues increased but earnings declined on a year-over-year basis. Shares of the company gained 3.3% on Feb 28, post the earnings release.Earnings & Revenue DiscussionDycom reported adjusted earnings per share (EPS) of 79 cents, missing the Zacks Consensus Estimate of 91 cents by 13.2% and declined from 83 cents by 4.8 ...