NYSE$DY
Dycom Industries Inc. · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Dycom's Q3 2021 financial performance saw a decrease in contract revenues, but an increase in non-GAAP adjusted EBITDA and net income.
Dycom Industries reported a decrease in contract revenues for the third quarter of fiscal year 2021, but experienced an increase in Non-GAAP Adjusted EBITDA and net income compared to the same period last year. The company also reduced its notional net debt during the quarter.
- Contract revenues decreased by 9.4% to $810.3 million compared to the quarter ended October 26, 2019.
- Non-GAAP Adjusted EBITDA increased to $92.8 million, representing 11.5% of contract revenues.
- GAAP net income increased to $33.9 million, or $1.05 per diluted common share.
- Notional net debt was reduced by $110.1 million during the quarter.
Headline financials
Revenue & EPS history
Dycom · Revenue · Quarterly
$810M
Revenue by segment
Dycom · $1.96B total across 2 segments · Q1 2027
- Communications$1.57B—79.9%
- Building Systems$395M—20.1%
Forward guidance
For the quarter ending January 30, 2021, Dycom expects modestly lower contract revenues with margins that range from in-line to modestly higher, as compared to the quarter ended January 25, 2020.
Headwinds
- The Company believes the impact of the COVID-19 pandemic on its operating results, cash flows and financial condition is uncertain, unpredictable and could affect its ability to achieve these expected financial results.
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 Q3 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
| Quarter | Report date | Reaction (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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