NYSE$DY

Dycom Industries Inc. · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Dycom's first quarter fiscal 2021 results were announced.

Dycom Industries reported a decrease in contract revenues to $814.3 million compared to $833.7 million in the same quarter last year. The company experienced a net loss of $32.4 million, or $1.03 per share, compared to a net income of $14.3 million, or $0.45 per share diluted, in the prior year.

  • Contract revenues totaled $814.3 million, compared to $833.7 million for the quarter ended April 27, 2019.
  • Organic contract revenues decreased by 1.8% after excluding $4.7 million in storm restoration services revenues from the previous year's quarter.
  • Net loss was $32.4 million, or a loss of $1.03 per common share, compared to a net income of $14.3 million, or $0.45 per common share diluted, for the quarter ended April 27, 2019.
  • The company had cash and equivalents of approximately $643.9 million as of April 25, 2020.

Headline financials

Total Revenue

$814M

Previous: $834M-2.3%
EPS (adj)

$0.36

Previous: $0.53-32.1%
Capital Expenditures

-$20.7M

Previous: -$45.8M+54.8%
Free Cash Flow

$64.5M

Previous: -$102M+163.3%
Net Income

-$32.4M

Previous: $14.3M-327.0%
Operating Income

-$802M

Previous: -$53.8M-1391.6%
Gross Profit

-$679M

Previous: $1.3M-52443.1%
Cash & Equivalents

$644M

Previous: $33.6M+1817.5%
Total Assets

$2.81B

Previous: $2.21B+27.2%
Stock-Based Comp

$2.32M

Previous: $3.48M-33.3%

Revenue & EPS history

Dycom · Revenue · Quarterly

$814M

Q1 2021-2.3%vs Q1 2020
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Dycom · $1.96B total across 2 segments · Q1 2027

  • Communications
    $1.57B
  • Building Systems
    $395M

Forward guidance

Given the significant uncertainty related to the duration and scope of the impact of COVID-19, the Company is not providing detailed financial guidance for the quarter ending July 25, 2020 or subsequent quarters at this time.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+1.1%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+2.8%

Avg return

30 days after

57%

36 / 63 earnings

Positive

+19.5%

Q3 2015

Best reaction

-27.3%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027
Q4 2026-5.5%-10.7%-13.7%
Q3 2026+9.5%+15.0%+16.3%
Q2 2026-4.8%-5.9%+0.0%
Q1 2026+15.6%+16.3%+20.9%
Q4 2025-5.8%-6.4%-10.5%
Q3 2025-9.6%-10.5%-14.3%
Q2 2025-9.5%-10.4%+0.8%
Q1 2025+14.8%+16.4%+8.1%
Q4 2024+3.2%+5.7%+17.1%
Q3 2024+17.9%+17.0%+31.4%
Q2 2024+0.9%+0.6%-6.5%
Q1 2024+0.1%+3.9%+4.2%
Q4 2023+17.5%+22.6%+11.2%
Q3 2023-16.5%-16.5%-17.3%
Q2 2023+3.2%+1.3%-12.4%
Q1 2023+15.2%+17.4%+19.0%
Q4 2022+6.7%+5.1%+14.5%
Q3 2022+18.5%+15.4%+9.3%
Q2 2022-4.3%-6.2%-2.8%
Q1 2022-11.9%-9.8%-7.9%
Q4 2021+5.0%+10.8%+19.7%
Q3 2021-18.7%-19.4%-5.5%
Q2 2021+10.3%+26.1%+13.0%
Q1 2021+16.3%+25.8%+26.4%
Q4 2020-25.0%-34.1%-41.1%
Q3 2020+4.4%+4.2%-4.2%
Q2 2020+6.1%+8.0%+23.0%
Q1 2020+19.4%+12.2%+25.8%
Q4 2019-27.3%-21.8%-25.9%
Q3 2019-10.4%-10.9%-26.5%
Q2 2019+8.0%+8.2%+9.1%
Q3 2018+1.5%-0.2%+6.2%
Q2 2018-4.4%-4.2%-5.7%
Q1 2018+12.2%+15.6%+22.9%
Q4 2017-1.7%-0.4%+4.6%
Q3 2017-22.2%-23.4%-15.3%
Q2 2017+19.0%+17.8%+13.1%
Q1 2017-19.3%-17.6%-11.0%
Q4 2016-6.8%-8.3%-10.8%
Q3 2016+15.0%+16.5%+25.5%
Q2 2016-5.4%
Q1 2016+6.2%
Q4 2015+12.8%
Q3 2015+19.5%
Q2 2015+14.9%
Q1 2015+15.6%
Q4 2014+0.0%
Q3 2014-10.2%
Q2 2014+3.9%
Q1 2014+5.2%
Q4 2013-7.7%
Q3 2013+8.9%
Q2 2013+3.0%
Q1 2013+14.9%
Q4 2010-9.8%
Q4 2012-16.4%
Q3 2011+0.0%
Q3 2012-5.7%
Q2 2011+2.4%
Q2 2012-4.8%
Q1 2011-5.4%
Q4 2011-5.4%
Q1 2012-1.4%

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