From Nasdaq: 2025-05-05 19:15:00

Primoris Services (PRIM) reported quarterly earnings of $0.98 per share, surpassing expectations and showing a 36.11% earnings surprise. The company’s revenue of $1.65 billion also exceeded estimates by 9.89%. Despite a 13.4% decrease in share value this year, the future stock performance hinges on management’s earnings call commentary.

The construction contractor has consistently outperformed consensus estimates over the last four quarters. With a Zacks Rank of #3 (Hold), Primoris Services’ stock outlook relies heavily on earnings estimate revisions and industry performance. Investors are advised to monitor changes in EPS and revenue estimates for upcoming quarters.

Tutor Perini (TPC), another player in the Building Products – Heavy Construction industry, is set to release its quarterly results on May 7. Analysts expect earnings of $0.06 per share, representing an 80% decline year-over-year, with revenues projected to increase by 3.2% to $1.08 billion. Investors should consider industry trends when evaluating potential investments.



Read more at Nasdaq: Primoris Services (PRIM) Tops Q1 Earnings and Revenue Estimates