Market Buzz: Dycom Beats Q2 Estimates; Bullish Stance on Safehold
- August 23rd, 2023
- 484 views
Dycom Industries, Inc. (NYSE: DY), a significant player in the infrastructure and specialty contracting sector, reported second-quarter fiscal 2024 earnings of $2.03 per share, surpassing the consensus EPS estimate of $1.66. The company's quarterly sales reached $1.04 billion, slightly exceeding analysts' projected revenue of $1.03 billion.
$DY was trading at $99.02 in pre-market, up $0.88 (+0.90%)
In other news, Safehold Inc. (NYSE: SAFE), a prominent real estate investment company, garnered attention as Goldman Sachs initiated coverage with a Buy rating and set a price target of $25.
With $SAFE closing at $20.37 on Tuesday, this price target suggests a potential upside of $4.63 per share or approximately 22.72%, in accordance with the investment banking firm's view
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
DOT, DoW, DHS Join Forces to Protect Southern Border Airspace
October 16th, 2026FTC Sues Ticket Broker Over Unlawful Tactics Used to Buy Millions of Tickets to Popular Live Events
October 15th, 2026October 15th, 2026FDA Approves First Treatment for Certain People With BCG-Unresponsive Bladder Cancer
October 14th, 2026U.S. Treasury Announces Record Enforcement Actions Against Bank of America
October 14th, 2026
Member Login