While the top- and bottom-line numbers for Primoris Services (PRIM) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Primoris Services (PRIM) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.47 per share a year ago.
Primoris Services (PRIM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Primoris Services (PRIM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The average of price targets set by Wall Street analysts indicates a potential upside of 36.3% in Primoris Services (PRIM). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Primoris Services Corporation has surged by 55% over the past year, outperforming its Russell 2000 peers and infrastructure sector counterparts quite handsomely. We touch upon some of the alluring facets of the Primoris story. Relative to its peers, PRIM may appear to be cheap on a P/E basis (although it is not cheap relative to its own average), but this is a function of weak earnings.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Primoris Services Corporation (NYSE:PRIM ) Q4 2024 Earnings Conference Call February 25, 2025 10:00 AM ET Company Participants Blake Holcomb - Vice President of Investor Relations Thomas McCormick - President and Chief Executive Officer Ken Dodgen - Chief Financial Officer Conference Call Participants Steven Fisher - UBS Sangita Jain - KeyBanc Capital Markets Inc. Joseph Osha - Guggenheim Securities Adam Thalhimer - Thompson, Davis & Company, Inc. Brent Thielman - D.A. Davidson & Co. Adam Bubes - Goldman Sachs Group, Inc. Drew Chamberlain - JPMorgan Chase & Co. Brian Russo - Jefferies Operator Ladies and gentlemen, thank you for standing by.
Primoris Services (PRIM) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.85 per share a year ago.