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PALM BEACH GARDENS, Fla. (AP) — PALM BEACH GARDENS, Fla. (AP) — Dycom Industries Inc. (DY) on Wednesday reported fiscal first-quarter profit of $62.6 million.
The Palm Beach Gardens, Florida-based company said it had net income of $2.12 per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.
The provider of specialty contracting services posted revenue of $1.14 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $1.09 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a DY">Zacks stock report on DY at https://www.zacks.com/ap/DY