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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.