Primoris Services: Q2 Earnings Insights

Primoris Services PRIM reported its Q2 earnings results on Monday, August 8, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Primoris Services missed estimated earnings by 17.24%, reporting an EPS of $0.48 versus an estimate of $0.58.

Revenue was up $141.39 million from the same period last year.

Last quarter the company missed on EPS by $0.08 which was followed by a 6.89% drop in the share price the next day.

Here's a look at Primoris Services's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.09	0.56	0.78	0.74
EPS Actual	0.01	0.63	0.89	0.67
Revenue Estimate	801.08M	892.94M	991.51M	951.50M
Revenue Actual	784.38M	884.45M	913.25M	881.61M

To track all earnings releases for Primoris Services visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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