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.

Earnings

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.

Past Earnings Performance

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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