Dycom's Q1 revenue jumps on data center demand, raises full-year outlook

[출처/시간] Reuters - 7:08 AM ET, 05/27/2026

Overview

* US telecom infrastructure contractor's fiscal Q1 revenue jumped 56% ?yr/yr, with 25% organic growth
* Adjusted ?EPS for fiscal Q1 rose 85% yr/yr; ?net income up 50%
* Company raised full-year outlook and announced acquisition of National Technology Integrators

Outlook

* Dycom raises full-year fiscal 2027 contract revenue outlook to $7.38 bln-$7.65 bln
* Company expects Q2 contract revenues of $1.94 bln-$2.01 bln
* Dycom anticipates adjusted EBITDA margin expansion for fiscal 2027

Result Drivers

* FIBER AND DATA CENTER DEMAND - Co said strong demand for fiber infrastructure and data center builds drove revenue growth
* GEOGRAPHIC EXPANSION AND ?FIBER BUILDS - Communications segment growth driven by expansion into new ?geographies and ?increased fiber-to-the-home projects, aided by favorable seasonal conditions
* MARGIN EXPANSION - ?Margin improvement attributed to operating leverage and investments to scale operations and increase headcount

Company press release:

Key Details



Metric Beat/Mis Actual Consensu
s s
Estimate


Q1 $1.96
Contract bln
Revenue
Q1 EPS $3
Q1 Net $91.30
Income mln
Q1 $262.50
Adjusted mln
EBITDA
Q1 $106.71
Pretax mln
Profit

Analyst Coverage

* The current ?average analyst rating ?on the shares is "buy" and the breakdown of ?recommendations is 12 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
* ?The average consensus recommendation for the construction & engineering peer group is "buy"
* ?Wall ?Street's median 12-month price target for ?
Dycom Industries Inc
is $475.00, about 13% above its May ?26 closing price of $420.47
* The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 28 three months ?ago

For questions concerning the ?data in this report, contact ?Estimates.Support@lseg.com. For any other questions or feedback, contact .

(This story was created using ?Reuters automation and AI based on LSEG and company data. It was checked and edited ?by a Reuters journalist ?prior to publication.)