Primoris (PRIM) Reports Earnings Tomorrow: What To Expect
From StockStory: 2025-05-04 03:06:00
Infrastructure construction company Primoris (NYSE:PRIM) is set to report earnings tomorrow. Last quarter, they beat revenue expectations by 8.8%, with revenues reaching $1.74 billion, up 14.9% year on year. Analysts expect this quarter’s revenue to grow 5.5% to $1.49 billion, with adjusted earnings of $0.66 per share. Peers in the industry like Comfort Systems and Orion have reported strong revenue growth, hinting at potential positive results for Primoris. Investor sentiment in the sector is high, with share prices up 13% on average over the last month. Primoris is up 23.6% and analysts have an average price target of $84.45.
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