Dycom (DY) stock dropped 11% as soft Q3 EPS guidance overshadowed strong Q2 beats and record $12.2B backlog.

Dycom Industries, Inc. (NYSE: DY) will report Q2 earnings on Aug. 26. Analysts expect earnings of $4.72/share and revenue of $1.98B.

Dycom (DY) stock dropped 11% as soft Q3 EPS guidance overshadowed strong Q2 beats and record $12.2B backlog.

Dycom Industries Inc posted strong Q2 results beating estimates. Raises revenue forecast, but Q3 earnings guidance falls below expectations.