Dycom Industries (NYSE: DY) reported earnings on May 21. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended April 27 (Q3), Dycom Industries beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew significantly. GAAP earnings per share dropped significantly.

Margins dropped across the board.

Revenue details
Dycom Industries logged revenue of $437.4 million. The seven analysts polled by S&P Capital IQ foresaw revenue of $410.2 million on the same basis. GAAP reported sales were 48% higher than the prior-year quarter's $296.1 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.21. The seven earnings estimates compiled by S&P Capital IQ predicted $0.17 per share. GAAP EPS of $0.21 for Q3 were 25% lower than the prior-year quarter's $0.28 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 18.2%, 30 basis points worse than the prior-year quarter. Operating margin was 3.9%, 20 basis points worse than the prior-year quarter. Net margin was 1.6%, 170 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $441.0 million. On the bottom line, the average EPS estimate is $0.38.

Next year's average estimate for revenue is $1.54 billion. The average EPS estimate is $1.06.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 113 members out of 118 rating the stock outperform, and five members rating it underperform. Among 40 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 39 give Dycom Industries a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Dycom Industries is outperform, with an average price target of $25.33.

If you're interested in companies like Dycom Industries, you might want to check out the jaw-dropping technology that's about to put 100 million Chinese factory workers out on the street – and the 3 companies that control it. We'll tell you all about them in "The Future is Made in America." Click here for instant access to this free report.