Primoris Services Corp: Rises on Q4 profit, revenue beat

Primoris Services

23/02/2021 15:29

** Shares of construction and infrastructure co  PRIM.O  up
~5% at $35.17
    ** Co, on Monday after-market, posted Q4 profit 66 cents/shr
above estimate of 43 cents/shr, according to Refinitiv IBES
 urn:newsml:reuters.com:*:nGNX8ZXtdc
    ** Reports Q4 revenue of $897.3 mln, above estimate of
$840.3 mln, due to growth in co's Pipeline, Power and
Transmission segments
    ** Co sees FY 2021 profit in range of $2.40/shr to
$2.60/shr, above estimate of $2.18/shr
    ** PRIM shares were up 21% this year, as of last close

 (Reporting by Lasya Priya M in Bengaluru)
 ((LasyaPriya.M@thomsonreuters.com;))