Primoris Services Corp reports results for the quarter ended June 30 - Earnings Summary

Primoris Services

04/08/2026 23:23

Primoris Services Corp PRIM.N reported a quarterly adjusted loss of 45 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.68.  The mean expectation of fifteen analysts for the quarter was for a loss of 25 cents per share. Wall Street expected results to range from -66 cents to $1.11 per share.
Revenue fell 10.7% to $1.69 billion from a year ago; analysts expected $1.74 billion. 
Primoris Services Corp shares had fallen by 11.4% this quarter and lost 29.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 116% in the last three months.​ 
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction & engineering peer group is also "buy" 
Wall Street's median 12-month price target for Primoris Services Corp is $116.00, about 21.7% above its last closing price of $90.85
This summary was machine generated from LSEG data August 4 at 10:23 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
-0.25
-0.45
Missed
Mar. 31 2026 
0.84
0.59
Missed
Dec. 31 2025 
0.99
1.08
Beat
Sep. 30 2025 
1.38
1.88
Beat