Education
About Us
Working with TipRanks
Follow Us
Primoris Services Corp. (PRIM)
NYSE:PRIM
Earnings Data
Report Date
Mar 02, 2026Before Open (Confirmed)
Period Ending
2025 (Q4)Consensus EPS Forecast
0.99Last Year’s EPS
1.13Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook for Primoris with record-breaking revenue and increased profitability. However, challenges such as a decline in backlog, lower gross margins, and specific segment difficulties tempered some of the optimism.Company Guidance
Record Revenue and Earnings
Primoris reported record revenue of nearly $2.2 billion for Q3 2025, an increase of $529 million or 32% compared to the prior year. Net income rose to $94.6 million, up 61% from the previous year.
Strong Performance in Energy Segment
The Energy segment revenue increased by $475 million or 47%, driven by increased renewables and industrial activity. The segment's gross profit rose by $38.1 million or 34.2% from the prior year.
Utility Segment Growth
Utility segment revenue was up 10.7% year-over-year, with backlog growth driven by power, gas, and communication services. Power Delivery had its best revenue quarter in recent years.
Improved Cash Flow and Debt Reduction
Operating cash flow for Q3 was over $180 million, contributing to a year-to-date cash flow of more than $327 million, allowing for a $100 million paydown on the term loan.
Increased Guidance for 2025
Primoris increased EPS guidance to $4.75 to $4.95 per share and adjusted EPS to $5.35 to $5.55 per share. Adjusted EBITDA guidance was also raised to $510 million to $530 million.
PRIM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PRIM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Nov 03, 2025 | $143.27 | $128.02 | -10.64% |
Aug 04, 2025 | $93.03 | $108.52 | +16.65% |
May 05, 2025 | $66.96 | $65.00 | -2.93% |
Feb 24, 2025 | $64.13 | $70.30 | +9.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Primoris Services Corp. (PRIM) report earnings?
Primoris Services Corp. (PRIM) is schdueled to report earning on Mar 02, 2026, Before Open (Confirmed).
What is Primoris Services Corp. (PRIM) earnings time?
Primoris Services Corp. (PRIM) earnings time is at Mar 02, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PRIM EPS forecast?
PRIM EPS forecast for the fiscal quarter 2025 (Q4) is 0.99.