Market Buzz: Dycom Beats Q2 Estimates; Bullish Stance on Safehold
- August 23rd, 2023
- 370 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
-
Treasury Targets Family Members and Associates of Maduro Regime
December 20th, 2025Herbal Works Inc. Supports President Trump's Order Easing Restriction on Cannabis
December 18th, 2025Herbal Works Inc. Plans on Expansion of Product Line in 2026
December 18th, 2025December 17th, 2025Crown Equity Holdings Inc. Announces Changes to Board of Directors
December 16th, 2025
Member Login