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Dycom Industries Inc lowers Q2, Q3 2014 outlook

Monday, 10 Feb 2014 06:00am EST 

Dycom Industries Inc:Says the revenue and results for the Q2 2014, will be below previous guidance.Says Worse than expected weather during the latter part of the fiscal quarter sharply impacted the company's Q2 2014.Sees Q2 2014 revenue of about $390 mln.Sees Q2 2014 loss per share ranging from $0.08 to $0.10.Says adverse weather conditions continued into the beginning of its Q3 2014 and, accordingly, it has lowered its outlook.Sees Q3 2014 total revenue to be essentially in line with the Q3 2013.Says previous expectations for the Q3 2014 had been for mid-single digit total revenue growth.The company reported revenue of $437.37 mln in Q3 2013.Q2 2014 revenue of $415 mln, EPS of $0.08 - Thomson Reuters I/B/E/S.Q3 2014 revenue of $460 mln - Thomson Reuters I/B/E/S. 

Company Quote

0.6 +1.87%
22 Dec 2014