Primoris Services (PRIM) possesses solid growth attributes, which could help it handily outperform the market.
PRIM navigates shifting timelines as rapid renewables execution boosts revenues but tightens backlog, testing momentum.
PRIM rides surging data-center demand as power delivery, communications and EPC network projects fuel strong growth momentum.
Primoris Services Corporation PRIM dipped 9.9% since reporting its third-quarter 2025 financial results on Nov. 3, underperforming the Zacks Building Products - Heavy Construction industry, the broader Zacks Construction sector and the S&P 500 index. This Texas-based specialty construction and infrastructure company's third-quarter 2025 adjusted earnings of $1.88 per share and total revenues of $2.18 billion topped the Zacks Consensus Estimate by 42.4% and 20.3%, respectively.
Primoris Services Corporation PRIM has been witnessing robust demand trends across power delivery, gas operations, communications, renewable energy and industrial markets. Continued favor from the increased public infrastructure spending is fueling this fire.
Primoris Services remains a 'Buy' as strong demand drivers and execution support robust growth despite recent share price weakness. PRIM's Q3 2025 delivered a beat-and-raise quarter, with 32% revenue growth, strong Energy and Utilities segments, and management raising FY2025 EPS guidance. Backlog decline is a timing issue, not a demand problem, with significant new bookings expected to drive a near-term narrative shift and re-rating catalyst.
Primoris Services Corporation PRIM reported third-quarter 2025 results, wherein adjusted earnings and revenues handily beat the Zacks Consensus Estimate. Additionally, both metrics increased year over year.
Primoris Services Corporation ( PRIM ) Q3 2025 Earnings Call November 4, 2025 10:00 AM EST Company Participants Blake Holcomb - Vice President of Investor Relations David King - CEO, Interim President & Chairman Ken Dodgen - Executive VP & CFO Conference Call Participants Philip Shen - ROTH Capital Partners, LLC, Research Division Sangita Jain - KeyBanc Capital Markets Inc., Research Division Lee Jagoda - CJS Securities, Inc. Julien Dumoulin-Smith - Jefferies LLC, Research Division Joseph Osha - Guggenheim Securities, LLC, Research Division Brent Thielman - D.A. Davidson & Co., Research Division Sean Milligan - Needham & Company, LLC, Research Division Adam Thalhimer - Thompson, Davis & Company, Inc., Research Division Avinatan Jaroslawicz - UBS Investment Bank, Research Division Presentation Operator Good morning, and welcome, everyone, to the Primoris Services Corporation Third Quarter 2025 Earnings Conference Call and Webcast.
Primoris Services Corporation PRIM is scheduled to report its third-quarter 2025 results on Nov. 3, after market close. In the last reported quarter, the company's adjusted earnings per share (EPS) and revenues topped the Zacks Consensus Estimate by 58.5% and 12.3%, respectively.
Primoris Services Corporation PRIM is capitalizing on market opportunities across various business sectors, including the Renewables business, power, grid, data centers and other related infrastructure projects. This demand growth is being fueled by federal incentives under the Inflation Reduction Act (IRA) and substantial private-sector investments in clean energy.
PRIM is leaning on its power delivery unit to fuel profitability, driven by grid upgrades, MSA growth and disciplined project execution.
PRIM trades near its 52-week high as renewables, utilities and data center growth power its strong 2025 performance.