Zacks Construction News Today

Dycom Industries (NYSE: DY) came out with quarterly earnings of $2.12 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.73 per share a year ago. These figures are adjusted for non-recurring items.

The Zacks Construction sector has been seeing a positive earnings picture this time around. The sector has witnessed improved demand trends across the markets despite adverse weather conditions in early 2024.

Orion Energy Systems, Inc.'s (NASDAQ: OESX) electric vehicle charging solutions division, Voltrek, secured more than $11 million of open construction services contracts from Eversource Energy under its ‘EV Make Ready' program.

Summit Materials (SUM) delivered earnings and revenue surprises of 14.81% and 8.33%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Stronger-than-expected Q4 earnings on Tuesday helped rectify the notion that these stocks are undervalued making now an ideal time to buy.

Standing out in terms of value here are three of the more promising Zacks Construction sector stocks for the new year.

Investors looking for companies with a competitive edge in their industry may want to consider Aflac (AFL) and Martin Marietta's (MLM) stock as their earnings outlook remains compelling.

Rising earnings estimates indicate these construction-related stocks may continue their blazing price performances in 2023. More reassuring is that they still offer good value to investors at their current levels.

Higher infrastructural activities are expected to partly offset the challenges associated with slow residential activities compared with the year ago in the Construction sector during the second quarter of 2023. Per the latest Earnings Outlook, the Q2 earnings season has so far seen releases from approximately 56.1% of the construction sector’s market capitalization on the […]

Owens Corning (OC) emphasizes on strategic initiatives and product innovation to drive growth.