Primoris Services Corp reports results for the quarter ended in December - Earnings Summary

Primoris Services

28/02/2022 23:27

* Primoris Services Corp  PRIM.OQ  reported quarterly
adjusted
earnings of 54 cents​​ per share for the quarter ended in
December. The mean expectation of eight analysts for the quarter
was for earnings of 56 cents per share.
    * Revenue fell 1.4% to $884.45 million from a year ago; 
analysts
expected $892.94 million. 
    * Primoris Services Corp's reported EPS for the quarter was
54
cents​.
    * The mean earnings estimate of analysts had risen by
about 5.2%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Primoris Services Corp shares had risen by 7.8% this
quarter.
    * The company reported quarterly net income of $29.42
million.
    * Wall Street's median 12-month price target for Primoris
Services
Corp is $35.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated February 28 at 11:27 p.m.
 ​All figures in US dollars unless otherwise stated