Primoris Services Reports Strong Earnings Beat
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Source: NASDAQ.COM
- Earnings Surprise: Primoris Services reported earnings of $1.08 per share, exceeding the Zacks consensus estimate of $0.95, although down from $1.13 a year ago, indicating sustained competitive strength in profitability.
- Significant Revenue Growth: The company achieved revenues of $1.86 billion for the quarter, surpassing the Zacks consensus estimate by 9.59% and increasing 7.6% from $1.74 billion a year ago, reflecting strong market demand in the construction sector.
- Strong Stock Performance: Primoris Services shares have risen approximately 36.4% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.9%, demonstrating investor confidence in the company's growth potential.
- Cautious Future Outlook: Despite a current Zacks Rank of 3 (Hold), the industry ranking is in the bottom 41%, prompting investors to monitor changes in future earnings expectations to assess the stock's ongoing performance.
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Analyst Views on PRIM
Wall Street analysts forecast PRIM stock price to fall
12 Analyst Rating
7 Buy
4 Hold
1 Sell
Moderate Buy
Current: 169.360
Low
125.66
Averages
152.07
High
175.00
Current: 169.360
Low
125.66
Averages
152.07
High
175.00
About PRIM
Primoris Services Corporation is a provider of critical infrastructure services to the utility, energy, and renewables markets throughout the United States and Canada. The Company provides a range of construction, maintenance, replacement, fabrication, and engineering services to a diversified base of customers through its two segments: Utilities, and Energy. The Utilities segment offers services, including the installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communications systems. The Energy segment operates throughout the United States and Canada and specializes in a range of services that include engineering, procurement, construction, and maintenance services for entities in the energy, renewable energy and energy storage, renewable fuels, and petroleum and petrochemical industries, as well as state departments of transportation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Primoris Services Reports Strong Earnings Beat
- Earnings Surprise: Primoris Services reported earnings of $1.08 per share, exceeding the Zacks consensus estimate of $0.95, although down from $1.13 a year ago, indicating sustained competitive strength in profitability.
- Significant Revenue Growth: The company achieved revenues of $1.86 billion for the quarter, surpassing the Zacks consensus estimate by 9.59% and increasing 7.6% from $1.74 billion a year ago, reflecting strong market demand in the construction sector.
- Strong Stock Performance: Primoris Services shares have risen approximately 36.4% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.9%, demonstrating investor confidence in the company's growth potential.
- Cautious Future Outlook: Despite a current Zacks Rank of 3 (Hold), the industry ranking is in the bottom 41%, prompting investors to monitor changes in future earnings expectations to assess the stock's ongoing performance.
See More
Primoris Services Q4 Earnings Beat Expectations
- Earnings Beat: Primoris Services reported a Q4 non-GAAP EPS of $1.08, exceeding expectations by $0.09, indicating the company's consistent profitability amidst market fluctuations.
- Significant Revenue Growth: The company achieved Q4 revenue of $1.9 billion, an 11.8% year-over-year increase that surpassed estimates by $80 million, showcasing strong performance driven by robust market demand.
- Slight Decline in Net Income: Net income stood at $51.8 million, or $0.95 per diluted share, reflecting a 4.1% decrease from the previous year, primarily due to lower operating income, although reduced interest expenses partially offset this decline.
- Strong Operating Cash Flow: Q4 net cash provided by operating activities was $142.9 million, and despite a 7.2% drop in adjusted EBITDA to $108.2 million, the company maintained a solid cash flow position.
See More
Primoris to Report Q4 and Full Year 2025 Financial Results
- Earnings Release Schedule: Primoris Services Corporation will announce its fourth quarter and full year 2025 financial results on February 23, 2026, after market close, highlighting the company's commitment to transparency and investor communication.
- Conference Call Timing: Management will host a conference call on February 24, 2026, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time) to discuss financial results and the business outlook for 2026, aiming to bolster investor confidence and provide future direction.
- Participation Details: Interested parties can dial in at 1-800-715-9871 (or 1-646-307-1963 from outside the U.S.) using access code 1324356, demonstrating the company's openness to investor engagement.
- Replay Information: A replay of the conference call will be available starting February 24, 2026, at 5:00 p.m. for seven days, with details provided for both phone and webcast access, ensuring that investors who cannot attend live can still obtain critical information.
See More
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- Natural Gas Price Surge: Natural gas prices have jumped 70% in less than two weeks, reaching record highs, which has driven Excelerate Energy (EE) stock up 28% this month, reflecting strong market demand and renewed investor confidence in natural gas supply.
- Production Loss Estimates: Natural gas production is projected to decrease by 10 to 80 billion cubic feet, similar to the 30 billion cubic feet loss caused by Winter Storm Uri in 2021, potentially leading to supply tightness and impacting price volatility in the market.
- Utility Challenges: Heavy snow and freezing rain could lead to widespread power outages for utilities like Exelon (EXC) and NRG Energy (NRG), with analysts projecting a 42% upside for NRG's stock price, indicating confidence in its recovery capabilities amid adverse weather conditions.
- Infrastructure Investment Opportunities: As concerns over grid reliability increase, companies like Quanta Power Services (PWR) may benefit from power line repairs and infrastructure investments, with analysts expecting this to drive long-term investment growth in the energy sector.
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Virtus Advisers Acquires 216,217 Shares of SSR Mining Valued at Nearly $6.91 Million
- New Investment Position: Virtus Advisers, LLC disclosed a new position in SSR Mining, acquiring 216,217 shares valued at nearly $6.91 million as of September 30, 2025, indicating strong confidence in the company's growth potential.
- Increased Holdings: This acquisition positions SSR Mining as a significant holding in Virtus Advisers' portfolio, representing 5.3% of their assets under management, reflecting its strategic importance in the precious metals market.
- Outstanding Stock Performance: As of November 13, 2025, SSR Mining shares were priced at $21.19, up 294.6% year-over-year, showcasing the company's robust performance amid soaring gold prices.
- Optimistic Market Outlook: SSR Mining achieved nearly 215% stock price growth in 2025, driven by gold prices rising over 70%, suggesting that further increases in gold prices could lead to additional stock price gains for the company.
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Virtus Advisers Acquires $6.91 Million in SSR Mining Stock
- Increased Holdings: Virtus Advisers disclosed a new position in SSR Mining by acquiring 216,217 shares valued at nearly $6.91 million in Q3 2025, making it one of the fund's largest holdings and reflecting confidence in the company's growth prospects.
- Surging Stock Price: SSR Mining's stock soared over 200% in 2025, driven by rising gold prices and a recent acquisition, showcasing the company's strong performance and attractiveness in the gold market.
- Strategic Acquisition: The acquisition of the Cripple Creek & Victor mine in Colorado in early 2025 significantly expanded SSR Mining's portfolio, positioning it as the third-largest gold producer in the U.S. and reducing geopolitical risks.
- Gold Price Impact: With gold prices surging over 70% in 2025, further increases in gold prices could lead to additional gains for SSR Mining's stock, making it crucial for investors to monitor gold price trends closely.
See More
Primoris Services Reports Strong Earnings Beat
- Earnings Surprise: Primoris Services reported earnings of $1.08 per share, exceeding the Zacks consensus estimate of $0.95, although down from $1.13 a year ago, indicating sustained competitive strength in profitability.
- Significant Revenue Growth: The company achieved revenues of $1.86 billion for the quarter, surpassing the Zacks consensus estimate by 9.59% and increasing 7.6% from $1.74 billion a year ago, reflecting strong market demand in the construction sector.
- Strong Stock Performance: Primoris Services shares have risen approximately 36.4% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.9%, demonstrating investor confidence in the company's growth potential.
- Cautious Future Outlook: Despite a current Zacks Rank of 3 (Hold), the industry ranking is in the bottom 41%, prompting investors to monitor changes in future earnings expectations to assess the stock's ongoing performance.
See More
Primoris Services Q4 Earnings Beat Expectations
- Earnings Beat: Primoris Services reported a Q4 non-GAAP EPS of $1.08, exceeding expectations by $0.09, indicating the company's consistent profitability amidst market fluctuations.
- Significant Revenue Growth: The company achieved Q4 revenue of $1.9 billion, an 11.8% year-over-year increase that surpassed estimates by $80 million, showcasing strong performance driven by robust market demand.
- Slight Decline in Net Income: Net income stood at $51.8 million, or $0.95 per diluted share, reflecting a 4.1% decrease from the previous year, primarily due to lower operating income, although reduced interest expenses partially offset this decline.
- Strong Operating Cash Flow: Q4 net cash provided by operating activities was $142.9 million, and despite a 7.2% drop in adjusted EBITDA to $108.2 million, the company maintained a solid cash flow position.
See More
Primoris to Report Q4 and Full Year 2025 Financial Results
- Earnings Release Schedule: Primoris Services Corporation will announce its fourth quarter and full year 2025 financial results on February 23, 2026, after market close, highlighting the company's commitment to transparency and investor communication.
- Conference Call Timing: Management will host a conference call on February 24, 2026, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time) to discuss financial results and the business outlook for 2026, aiming to bolster investor confidence and provide future direction.
- Participation Details: Interested parties can dial in at 1-800-715-9871 (or 1-646-307-1963 from outside the U.S.) using access code 1324356, demonstrating the company's openness to investor engagement.
- Replay Information: A replay of the conference call will be available starting February 24, 2026, at 5:00 p.m. for seven days, with details provided for both phone and webcast access, ensuring that investors who cannot attend live can still obtain critical information.
See More
Winter Storm Fern to Impact Natural Gas Production, Excelerate Energy Stock Soars 28%
- Natural Gas Price Surge: Natural gas prices have jumped 70% in less than two weeks, reaching record highs, which has driven Excelerate Energy (EE) stock up 28% this month, reflecting strong market demand and renewed investor confidence in natural gas supply.
- Production Loss Estimates: Natural gas production is projected to decrease by 10 to 80 billion cubic feet, similar to the 30 billion cubic feet loss caused by Winter Storm Uri in 2021, potentially leading to supply tightness and impacting price volatility in the market.
- Utility Challenges: Heavy snow and freezing rain could lead to widespread power outages for utilities like Exelon (EXC) and NRG Energy (NRG), with analysts projecting a 42% upside for NRG's stock price, indicating confidence in its recovery capabilities amid adverse weather conditions.
- Infrastructure Investment Opportunities: As concerns over grid reliability increase, companies like Quanta Power Services (PWR) may benefit from power line repairs and infrastructure investments, with analysts expecting this to drive long-term investment growth in the energy sector.
See More
Virtus Advisers Acquires 216,217 Shares of SSR Mining Valued at Nearly $6.91 Million
- New Investment Position: Virtus Advisers, LLC disclosed a new position in SSR Mining, acquiring 216,217 shares valued at nearly $6.91 million as of September 30, 2025, indicating strong confidence in the company's growth potential.
- Increased Holdings: This acquisition positions SSR Mining as a significant holding in Virtus Advisers' portfolio, representing 5.3% of their assets under management, reflecting its strategic importance in the precious metals market.
- Outstanding Stock Performance: As of November 13, 2025, SSR Mining shares were priced at $21.19, up 294.6% year-over-year, showcasing the company's robust performance amid soaring gold prices.
- Optimistic Market Outlook: SSR Mining achieved nearly 215% stock price growth in 2025, driven by gold prices rising over 70%, suggesting that further increases in gold prices could lead to additional stock price gains for the company.
See More
Virtus Advisers Acquires $6.91 Million in SSR Mining Stock
- Increased Holdings: Virtus Advisers disclosed a new position in SSR Mining by acquiring 216,217 shares valued at nearly $6.91 million in Q3 2025, making it one of the fund's largest holdings and reflecting confidence in the company's growth prospects.
- Surging Stock Price: SSR Mining's stock soared over 200% in 2025, driven by rising gold prices and a recent acquisition, showcasing the company's strong performance and attractiveness in the gold market.
- Strategic Acquisition: The acquisition of the Cripple Creek & Victor mine in Colorado in early 2025 significantly expanded SSR Mining's portfolio, positioning it as the third-largest gold producer in the U.S. and reducing geopolitical risks.
- Gold Price Impact: With gold prices surging over 70% in 2025, further increases in gold prices could lead to additional gains for SSR Mining's stock, making it crucial for investors to monitor gold price trends closely.
See More
