PRIMORIS Aktie

 

Does Primoris Services (PRIM) have what it takes to be a top stock pick for momentum investors? Let's find out....

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While the top- and bottom-line numbers for Primoris Services (PRIM) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values....

Primoris Services (PRIM) delivered earnings and revenue surprises of 36.11% and 9.89%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?...

DALLAS--(BUSINESS WIRE)--In the CONDENSED CONSOLIDATED STATEMENTS OF INCOME, Revenue for the Three Months Ended March 31, 2025, should be $1,648,112 (instead of $81,648,112). The updated release reads: PRIMORIS SERVICES CORPORATION REPORTS FIRST QUARTER 2025 RESULTS Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its first quarter ended March 31, 2025 and provided comments on the Company's operational performance and outlook for 2025. For the first quarter of 2025, Primoris reported the following highlights (1): Revenue of $1,648.1 million, up $235.4 million, or 16.7 percent, compared to the first quarter of 2024 primarily driven by strong growth in both the Energy and the Utilities segments; Net income of $44.2 million, or $0.81 per diluted share, up $25.3 million, or $0.46 per diluted share, from the first quarter of 2024; Adjusted net income of $53.5 million, or $0.98 per diluted share, an increase of $27.8 million, or $0.51 per di...

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DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its first quarter ended March 31, 2025 and provided comments on the Company's operational performance and outlook for 2025. For the first quarter of 2025, Primoris reported the following highlights (1): Revenue of $1,648.1 million, up $235.4 million, or 16.7 percent, compared to the first quarter of 2024 primarily driven by strong growth in both the Energy and the Utilities segments; Net income of $44.2 million, or $0.81 per diluted share, up $25.3 million, or $0.46 per diluted share, from the first quarter of 2024; Adjusted net income of $53.5 million, or $0.98 per diluted share, an increase of $27.8 million, or $0.51 per diluted share, from the first quarter of 2024; Total backlog of $11.4 billion, down $0.5 billion from the fourth quarter of 2024, including total Master Service Agreements (“MSA”) backlog of $5.8 billion; Adjusted earnings before interest, ...

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced the results of the Company's Annual Meeting of Stockholders held virtually via webcast on April 30, 2025, at 9:00 a.m. Central Time. At the meeting, stockholders approved the election of eight directors. The directors are: David L. King, Chairman, Interim President and Chief Executive Officer, Primoris; Michael E. Ching, former Global Head of Investment Research, Evaluserve; Carla S. Mashinski, former Chief Financial Officer, Cameron LNG; Terry D. McCallister, former Chairman and Chief Executive Officer, WGL Holdings, Inc. and Washington Gas; Jose R. Rodriguez, former Senior Audit Partner at KPMG LLP; Harpreet Saluja, Executive Vice President of Corporate Strategy & Business Development, Ecolab; John P. Schauerman, former Executive Vice President of Corporate Development, Primoris; and Patricia K. Wagner, former Group President of U.S. Utilities, Sempra Energy. The stockholders also a...

LAS VEGAS--(BUSINESS WIRE)--Certerra (formerly RMA Companies), a leading provider of testing, inspection, and certification services for critical infrastructure, today announced the appointment of Cody Gallarda as Chief Financial Officer. Mr. Gallarda, an accomplished finance leader with nearly 20 years of experience in infrastructure services industries, will oversee Certerra's financial strategy, including financial planning, accounting, capital management, internal controls, information technology, and will serve as a key partner in M&A activities as the company continues its rapid growth. Mr. Gallarda brings a proven track record of driving financial excellence and strategic initiatives. Most recently, he served as Executive Vice President and Chief Financial Officer at Southland Holdings, Inc., where he successfully took the privately held company through a public transaction. Prior to that, he held various critical finance and IT-related leadership roles at Primoris Services Corporation, a publicly...

Dream Finders, Primoris, PotlatchDeltic, Martin Marietta Materials and MasTec are included in this Analyst Blog....

Primoris Services (PRIM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations....

Broadcom and Primoris Services have been highlighted in this Screen of The Week article....

Primoris Services (PRIM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report....

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or “the Company”) today announced it will report first quarter 2025 financial results on Monday, May 5, 2025, after market close. The Company's press release will be available on the Primoris website at www.prim.com. In conjunction with the press release, management will host a conference call and webcast on Tuesday, May 6, 2025, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's first quarter 2025 results and business outlook. Interested parties are invited to dial-in at 1-800-715-9871, or from outside the U.S. at 1-646-307-1963, using access code: 1324356, or by asking for the Primoris conference call. A link to the webcast will be accessible from the “Investors” section of the Company's website at www.prim.com. A replay of the conference call will be available Tuesday, May 6, 2025, beginning at 5:00 p.m. U.S. Central Time for seven days. The phone number for the conference...

The average of price targets set by Wall Street analysts indicates a potential upside of 36.3% in Primoris Services (PRIM). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock....

Mccormick, Thomas Edward - Vorstand - Tag der Transaktion: 2025-03-17...

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DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced that David King, Chairman and our prior Chief Executive Officer, has been named Interim President and Chief Executive Officer. David will succeed Tom McCormick, who will be separating from the Company effective March 20, 2025. The Board is conducting a search process to identify a permanent CEO, which will include internal and external candidates. In addition, the Company announced that Jeremy Kinch, Chief Operations Support Officer, has been promoted to Chief Operating Officer, effective immediately. Lead Independent Director Stephen C. Cook said, “We have a high degree of confidence in David's ability to lead the Company during this period of transition and appreciate his willingness to step into this important role.” He continued, “We congratulate Jeremy on his promotion to Chief Operating Officer. Since joining the Company in 2018, Jeremy has taken on increasingly more signi...

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