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

Primoris Services

08/11/2021 23:49

* Primoris Services Corp  PRIM.OQ  reported quarterly adjusted
earnings of 81 cents​​ per share for the quarter ended in
September. The mean expectation of eight analysts for the
quarter was for earnings of 78 cents per share.
* Revenue fell 3.1% to $913.25 million from a year ago; 
analysts expected $991.51 million. 
* Primoris Services Corp's reported EPS for the quarter was 81
cents​.
* The mean earnings estimate of analysts had fallen by
about 3.9% in the last three months.​ 
* In the last 30 days two analysts negatively revised earnings
estimates 
* Primoris Services Corp shares had risen by 16.2% this
quarter and gained 3.1% so far this year.
* The company reported quarterly net income of $44.05 million.
* Wall Street's median 12-month price target for Primoris
Services Corp is $37.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 8 at 11:48 p.m.
 ​All figures in US dollars unless otherwise stated