Primoris Services Corporation Reports Third Quarter 2024 Results
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: Business Wire
DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its third quarter ended September 30, 2024 and provided comments on the Company’s operational performance and outlook for 2024.For the third quarter of 2024, Primoris reported the following highlights (1):Revenue of $1,649.1 million, up $119.6 million, or 7.8 percent, compared to the third quarter of 2023 driven by strong growth in both the Energy and Utilities segments;Net income of $58.4 million, or $1.07 per diluted share, an increase of $10.3 million, or $0.18 per diluted share, from the third quarter of 2023;Record backlog of $11.3 billion driven by strong renewables and industrial bookings in the Energy segment;Adjusted net income of $66.7 million, or $1.22 per diluted share, an increase of $11.4 million, or $0.20 per diluted share, from the third quarter of 2023;Adjusted earnings before interest, income taxes, depreciation, and amortization
Show less
Read more
Impact Snapshot
Event Time:
PRIM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PRIM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PRIM alerts
High impacting Primoris Services Corporation news events
Weekly update
A roundup of the hottest topics
PRIM
News
- Primoris Services Corporation to Participate in Investor Conferences [Yahoo! Finance]Yahoo! Finance
- Primoris Services Corporation to Participate in Investor ConferencesBusiness Wire
- Primoris Services Co. (NASDAQ: PRIM) is now covered by analysts at Jefferies Financial Group Inc.. They set a "buy" rating and a $73.00 price target on the stock.MarketBeat
- https://seekingalpha.com/article/4766355-primoris-stock-q4-some-admirable-facets-but-going-through-some-wobbles-hold-for-now [Seeking Alpha]Seeking Alpha
- Primoris Services Co. (NASDAQ: PRIM) had its price target raised by analysts at JPMorgan Chase & Co. from $88.00 to $90.00. They now have an "overweight" rating on the stock.MarketBeat
PRIM
Earnings
- 2/24/25 - Beat
PRIM
Sec Filings
- 3/6/25 - Form 4
- 3/6/25 - Form 4
- 3/5/25 - Form 144
- PRIM's page on the SEC website