Primoris Services Corp expected to post a loss of 7  cents a share - Earnings Preview

Primoris Services

04/05/2021 24:56

* Primoris Services Corp  PRIM.OQ   PRIM.O  is expected to show
a rise in quarterly revenue when it reports results on May 5.
* The Dallas, Texas-based company is expected to report  a
2.9% increase in revenue to $764.72 million from $743.24 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Primoris Services Corp
is for a loss of 7 cents per share. For the same quarter last
year, the company reported earnings of 3 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months.​
* Wall Street's median 12-month price target for Primoris
Services Corp is $40​, about 16.5% above​ its last closing price
of $33.39. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.43        0.43       0.66      Beat    54.1
 Sep. 30 2020  0.67        0.66       0.90      Beat    35.5
 Jun. 30 2020  0.29        0.29       0.68      Beat    132.9​
 Mar. 31 2020  -0.02       -0.01      0.03      Beat    314.3
 Dec.          0.53​       0.53       0.53      Met     -0.6​
 31​ 2019​                                              
 Sep. 30 2019  0.66        0.66       0.70      Beat    6.8​
 Jun. 30 2019  0.28        0.28       0.35      Beat    23.1
 Mar. 31 2019  0.01        0.01       0.04      Beat    433.3
 This summary was machine generated May 3 at 23:56 GMT.  All
figures in US dollars unless otherwise stated