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

Primoris Services

04/08/2021 24:21

* Primoris Services Corp  PRIM.OQ  reported quarterly adjusted
earnings of 67 cents​​ per share for the quarter ended in June.
The mean expectation of seven analysts for the quarter was
for earnings of 72 cents per share.
* Revenue fell 2.9% to $881.61 million from a year ago; 
analysts expected $949.01 million. 
* Primoris Services Corp's reported EPS for the quarter was 67
cents​.
* The mean earnings estimate of analysts had fallen by
about 2.5% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Primoris Services Corp shares had risen by 0.6% this
quarter and gained 7.2% so far this year.
* The company reported quarterly net income of $36.29 million.
* Wall Street's median 12-month price target for Primoris
Services Corp is $39.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 3 at 11:21 p.m.  ​All
figures in US dollars unless otherwise stated