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Primoris Services Q4 2023 Earnings Report

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$65.44 -3.41 (-4.95%)
As of 11:27 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Primoris Services EPS Results

Actual EPS
$0.85
Consensus EPS
$0.64
Beat/Miss
Beat by +$0.21
One Year Ago EPS
$0.93

Primoris Services Revenue Results

Actual Revenue
$1.52 billion
Expected Revenue
$1.55 billion
Beat/Miss
Missed by -$30.53 million
YoY Revenue Growth
+14.00%

Primoris Services Announcement Details

Quarter
Q4 2023
Time
After Market Closes

Conference Call Resources

Primoris Services Earnings Headlines

Primoris price target raised to $110 from $102 at Guggenheim
77 Hedge Funds Are Betting On This Off-Radar Mineral
With surging prices... supply shortages... and growing demand, hedge funds are betting big on potash. In fact, 77 hedge funds have quietly increased their positions, pouring millions into companies poised to capitalize on this essential commodity. The reason is simple: America currently depends on Canada for 80% of its potash supply.
Primoris Services' (PRIM) Buy Rating Reiterated at DA Davidson
Brokerages Set Primoris Services Co. (NASDAQ:PRIM) PT at $91.50
See More Primoris Services Headlines
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About Primoris Services

Primoris Services (NASDAQ:PRIM), a specialty contractor company, provides a range of specialty construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. The company operates through Utilities and Energy/Renewables segments. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, and petrochemical industries, as well as state departments of transportation. It also offers pipeline construction and maintenance, and storage services; pipeline facility, and integrity services. Primoris Services Corporation was founded in 1960 and is headquartered in Dallas, Texas.

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