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Stock impact report

Primoris Services Corporation Just Recorded A 347% EPS Beat: Here's What Analysts Are Forecasting Next [Yahoo! Finance]

Primoris Services Corporation (PRIM) 
Last primoris services corporation earnings: 2/25 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.primoriscorp.com
Company Research Source: Yahoo! Finance
It looks like a credible result overall - although revenues of US$1.4b were what the analysts expected, Primoris Services surprised by delivering a (statutory) profit of US$0.35 per share, an impressive 347% above what was forecast. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. View our latest analysis for Primoris Services Following last week's earnings report, Primoris Services' five analysts are forecasting 2024 revenues to be US$5.92b, approximately in line with the last 12 months. Per-share earnings are expected to rise 2.1% to US$2.74. In the lead-up to this report, the analysts had been modelling revenues of US$6.08b and earnings per share (EPS) of US$2.70 in 2024. So it looks like the analysts h Show less Read more
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