Recap: Primoris Services Q4 Earnings

Primoris Services PRIM reported its Q4 earnings results on Monday, February 26, 2024 at 04:05 PM.

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

Primoris Services beat estimated earnings by 27.0%, reporting an EPS of $0.85 versus an estimate of $0.67.

Revenue was up $186.86 million from the same period last year.

Last quarter the company beat on EPS by $0.24 which was followed by a 3.0% increase in the share price the next day.

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

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.78	0.5	-0.12	0.72
EPS Actual	1.02	0.8	0.18	0.93
Revenue Estimate	1.43B	1.35B	1.07B	1.31B
Revenue Actual	1.53B	1.41B	1.26B	1.33B

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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