Annonce • Aug 17
Holzer & Holzer, LLC Announces Filing of Class Action Lawsuit Against Primoris Services Corporation A shareholder class action lawsuit has been filed against Primoris Services Corporation. The lawsuit alleges that: (i) Primoris’ cost estimation, cost-to-complete forecasting, and project oversight processes were deficient and failed to provide reliable estimates of the costs and expected profitability of significant fixed-price renewable energy projects; (ii) as a result, Primoris systematically underestimated the costs and risks of significant fixed-price renewable energy projects that were experiencing material cost overruns, execution problems, and schedule delays; and (iii) accordingly, Defendants’ statements regarding Primoris’ estimating processes, project execution, ability to manage project risk, financial performance, and financial guidance lacked a reasonable basis and omitted material adverse facts.If one purchased Primoris shares between August 5, 2025 and June 22, 2026, and experienced a loss on that investment, they are encouraged to discuss their legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832, or by visiting the firm’s website at f www.holzerlaw.com/case/primoris/or more information. The deadline to ask the court to be appointed lead plaintiff in the case is September 21, 2026. Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, 2023, and 2025, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content. Declared Dividend • Aug 07
Second quarter dividend of US$0.08 announced Dividend of US$0.08 is the same as last year. Ex-date: 30th September 2026 Payment date: 15th October 2026 Dividend yield will be 0.4%, which is lower than the industry average of 0.7%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 20%. Reported Earnings • Aug 05
Second quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2026 results: US$0.45 loss per share (down from US$1.56 profit in 2Q 2025). Revenue: US$1.69b (down 11% from 2Q 2025). Net loss: US$24.2m (down 129% from profit in 2Q 2025). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 8.4%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Construction industry in the US. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$74.76, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 27x in the Construction industry in the US. Total returns to shareholders of 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$128 per share. Annonce • Jul 23
Primoris Services Corporation to Report Q2, 2026 Results on Aug 04, 2026 Primoris Services Corporation announced that they will report Q2, 2026 results After-Market on Aug 04, 2026 Actualités en direct • Jun 30
Primoris Services Wins Major Fermi Contract for Texas Gas Turbine Buildout Primoris Services secured a major contract from Fermi to engineer and construct the balance of plant for the first six SGT-800 gas turbines in the Phase One power buildout at Fermi’s Project Matador campus in Amarillo, Texas.
The award expands Primoris’ existing role at Project Matador and is described as a key step in Fermi’s 2.0 execution strategy to accelerate timelines and reduce project delivery risk, which could influence the pace and scale of future work at the site.
Primoris Services’ stock last traded at US$99.12, with the share price down 34.2% over the past 90 days, putting this contract win against a backdrop of recent share price pressure.
This new mandate adds visible work to Primoris’ backlog and deepens its relationship with Fermi. However, investors still need to weigh contract execution risk, timeline adherence and how the project’s economics compare with the company’s broader portfolio. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$99.12, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 34x in the Construction industry in the US. Total returns to shareholders of 229% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$116 per share. Major Estimate Revision • Jun 26
Consensus EPS estimates fall by 66% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$7.64b to US$7.41b. EPS estimate also fell from US$4.00 per share to US$1.35 per share. Net income forecast to shrink 51% next year vs 36% growth forecast for Construction industry in the US . Consensus price target down from US$144 to US$129. Share price fell 8.1% to US$93.11 over the past week. Buy Or Sell Opportunity • Jun 26
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 35% to US$93.11. The fair value is estimated to be US$117, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 6.9% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Upcoming Dividend • Jun 23
Upcoming dividend of US$0.08 per share Eligible shareholders must have bought the stock before 30 June 2026. Payment date: 15 July 2026. Payout ratio is a comfortable 7.0% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of American dividend payers (4.3%). Higher than average of industry peers (0.2%). Actualités en direct • Jun 23
Primoris Services Cuts Outlook as Renewables Setbacks Trigger Executive Exit and Probes Primoris Services shares dropped 50% after the company reported significant year-over-year and sequential declines in its Energy segment revenues and gross profits, tied to cost overruns and delays in its Renewables projects, and announced the immediate departure of COO Jeremy Kinch, with CEO Koti Vadlamudi taking over many of his duties.
Management sharply cut its full-year 2026 outlook, flagging substantially reduced revenues, gross profits, and adjusted earnings, while also disclosing operational issues such as project redesigns, labor shortages, sequencing errors and weather disruptions that have pressured margins in the Renewables business.
Primoris Services shares trade at $108.34, with the stock down 26.3% over the past 90 days, even as the company reported around $2.0b of new Energy segment awards in Q2 2026 and about $50m of share repurchases.
The combination of a large forecast reset, operational execution problems and COO turnover, alongside new shareholder rights and securities fraud investigations, highlights elevated project and governance risk around Primoris Services’ Renewables operations. Actualités en direct • Jun 13
Primoris Services Taps Interim Renewables President After Q1 Miss and Guidance Cut Primoris Services appointed Tim Healy, currently President of ARB Industrial, as Interim President of its Renewables division following the departure of Anthony Vorderbruggen.
The company is conducting a search for a permanent leader to oversee the renewables business, described as a critical growth area for Primoris.
This leadership transition follows a Q1 earnings miss and reduced full-year 2026 profitability guidance tied to cost and timing challenges in the renewables segment, alongside analyst price target cuts reflecting higher perceived execution risk.
The leadership change highlights how quickly and effectively Primoris can address operational issues in its renewables projects and rebuild confidence around that segment.
For investors, the key risk to monitor is whether the interim leadership and eventual permanent hire can improve project execution and cost control in renewables, given the recent guidance revision and analyst reactions. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$104, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 32x in the Construction industry in the US. Total returns to shareholders of 253% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$140 per share. Buy Or Sell Opportunity • Jun 09
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to US$104. The fair value is estimated to be US$140, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Annonce • Jun 09
Primoris Services Corporation Announces Management Changes Primoris Services Corporation announced that Tim Healy, President, ARB Industrial Inc. had been named Interim President, Renewables, effective June 8, 2026. Tim Healy succeeded Anthony Vorderbruggen, who departed from the Company, effective June 8, 2026. The Company is conducting a search process to identify a permanent replacement for the role, which will include internal and external candidates. Tim Healy brings decades of business leadership, construction experience, and a strong track record of successful operational execution. Recent Insider Transactions • May 29
Independent Chairman of the Board recently sold US$2.4m worth of stock On the 26th of May, David King sold around 20k shares on-market at roughly US$119 per share. This transaction amounted to 57% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. David has been a net seller over the last 12 months, reducing personal holdings by US$2.8m. Recent Insider Transactions Derivative • May 27
Independent Chairman of the Board notifies of intention to sell stock David King intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 26th of May. If the sale is conducted around the recent share price of US$119, it would amount to US$2.4m. Since December 2025, David's direct individual holding has increased from 21.30k shares to 34.94k. Company insiders have collectively sold US$13m more than they bought, via options and on-market transactions in the last 12 months. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to US$129, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 29x in the Construction industry in the US. Total returns to shareholders of 374% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$138 per share. Actualités en direct • May 20
Primoris Services Faces Renewables Setbacks and Investigations After Q1 Earnings Disappoint Primoris Services reported Q1 2026 revenue of $1.56b, a 5.4% year over year decline, with adjusted EPS coming in at $0.59 and falling 30.1% short of analyst expectations.
Management cut full-year 2026 adjusted EPS guidance by 16.9% to a midpoint of $4.90 and revised EBITDA guidance lower, citing cost overruns and execution issues in the Energy segment’s renewables projects.
Multiple shareholder rights firms have opened investigations into potential securities law violations and alleged misrepresentations, while analysts have reduced price targets but kept mostly positive ratings.
The key tension for investors is that operational issues in renewables and a sharp guidance reset now sit alongside growth in the Utility segment and management’s comments about improving margins outside the troubled projects.
Ongoing legal investigations and execution risk in the Energy segment introduce additional uncertainty, so it can be useful to track any updates on project progress in 2026 and the status of these shareholder actions. Major Estimate Revision • May 13
Consensus EPS estimates fall by 28% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$8.29b to US$7.64b. EPS estimate also fell from US$5.63 per share to US$4.07 per share. Net income forecast to shrink 3.4% next year vs 32% growth forecast for Construction industry in the US . Consensus price target down from US$178 to US$145. Share price rose 12% to US$113 over the past week. Buy Or Sell Opportunity • May 11
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 35% to US$105. The fair value is estimated to be US$135, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Annonce • May 08
Primoris Services Corporation Updates Earnings Guidance for the Year Ending December 31, 2026 Primoris Services Corporation updated its earnings guidance for the year ending December 31, 2026. For the period, the company expects Net income is expected to be between $223.0 million and $234.0 million. Earnings per Share (“EPS”) is expected to be between $4.05 and $4.25 per fully diluted share. Price Target Changed • May 07
Price target decreased by 8.7% to US$160 Down from US$175, the current price target is an average from 14 analysts. New target price is 48% above last closing price of US$108. Stock is up 58% over the past year. The company is forecast to post earnings per share of US$4.20 for next year compared to US$5.09 last year. New Risk • May 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Reported Earnings • May 06
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: EPS: US$0.32 (down from US$0.82 in 1Q 2025). Revenue: US$1.56b (down 5.4% from 1Q 2025). Net income: US$17.4m (down 61% from 1Q 2025). Profit margin: 1.1% (down from 2.7% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) also missed analyst estimates by 57%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in the US. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to US$203, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 33x in the Construction industry in the US. Total returns to shareholders of 739% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$83.00 per share. Annonce • Apr 22
Primoris Services Corporation to Report Q1, 2026 Results on May 05, 2026 Primoris Services Corporation announced that they will report Q1, 2026 results After-Market on May 05, 2026 Recent Insider Transactions Derivative • Apr 07
Independent Chairman of the Board exercised options and sold US$1.2m worth of stock On the 1st of April, David King exercised options to acquire 9k shares at no cost and sold these for an average price of US$143 per share. This trade did not impact their existing holding. Since June 2025, David's direct individual holding has increased from 24.80k shares to 34.67k. Company insiders have collectively sold US$13m more than they bought, via options and on-market transactions in the last 12 months. Annonce • Apr 01
Primoris Services Corporation (NYSE:PRIM) entered into a definitive purchase agreement to acquire PayneCrest Electric and Communications, Inc. for approximately $420 million. Primoris Services Corporation (NYSE:PRIM) entered into a definitive purchase agreement to acquire PayneCrest Electric and Communications, Inc. for approximately $420 million on March 31, 2026. The transaction was funded through borrowings under an amended credit agreement with the Company’s existing bank group of $400 million. The transaction has been unanimously approved by the Board of Directors of Primoris Services Corporation.
The transaction is expected to close in the second quarter of 2026. The transaction is subject to the receipt of regulatory approvals and other customary closing conditions.
Weil, Gotshal & Manges LLP acted as legal advisor for Primoris Services Corporation. FMI Capital Advisors, Inc. acted as financial advisor and Lewis Rice LLC acted as legal advisor for PayneCrest Electric and Communications, Inc. Upcoming Dividend • Mar 24
Upcoming dividend of US$0.08 per share Eligible shareholders must have bought the stock before 31 March 2026. Payment date: 15 April 2026. Payout ratio is a comfortable 6.3% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (0.3%). Annonce • Mar 19
Primoris Services Corporation, Annual General Meeting, Apr 30, 2026 Primoris Services Corporation, Annual General Meeting, Apr 30, 2026. Declared Dividend • Feb 26
Fourth quarter dividend of US$0.08 announced Dividend of US$0.08 is the same as last year. Ex-date: 31st March 2026 Payment date: 15th April 2026 Dividend yield will be 0.2%, which is lower than the industry average of 0.7%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 5%. Price Target Changed • Feb 25
Price target increased by 7.4% to US$164 Up from US$153, the current price target is an average from 14 analysts. New target price is 7.1% above last closing price of US$153. Stock is up 109% over the past year. The company is forecast to post earnings per share of US$5.49 for next year compared to US$5.09 last year. Reported Earnings • Feb 24
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: US$5.09 (up from US$3.37 in FY 2024). Revenue: US$7.57b (up 19% from FY 2024). Net income: US$274.9m (up 52% from FY 2024). Profit margin: 3.6% (up from 2.8% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.0%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in the US. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Feb 11
Primoris Services Corporation to Report Q4, 2025 Results on Feb 23, 2026 Primoris Services Corporation announced that they will report Q4, 2025 results After-Market on Feb 23, 2026 Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$148, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 27x in the Construction industry in the US. Total returns to shareholders of 506% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$89.96 per share. Buy Or Sell Opportunity • Jan 13
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at US$138. The fair value is estimated to be US$114, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 8.2% per annum over the same time period. Upcoming Dividend • Dec 24
Upcoming dividend of US$0.08 per share Eligible shareholders must have bought the stock before 31 December 2025. Payment date: 15 January 2026. Payout ratio is a comfortable 6.2% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (0.3%). Recent Insider Transactions • Dec 16
Independent Director recently sold US$1.1m worth of stock On the 11th of December, John Schauerman sold around 8k shares on-market at roughly US$136 per share. This transaction amounted to 9.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.7m. Insiders have been net sellers, collectively disposing of US$15m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Dec 12
Independent Director notifies of intention to sell stock John Schauerman intends to sell 8k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of December. If the sale is conducted around the recent share price of US$136, it would amount to US$1.1m. Since March 2025, John's direct individual holding has decreased from 120.85k shares to 87.24k. Company insiders have collectively sold US$14m more than they bought, via options and on-market transactions in the last 12 months. Buy Or Sell Opportunity • Dec 08
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 19% to US$134. The fair value is estimated to be US$111, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 27%. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are also forecast to grow by 9.3% per annum over the same time period. Recent Insider Transactions • Nov 14
Insider recently sold US$1.7m worth of stock On the 7th of November, Roger Wagner sold around 13k shares on-market at roughly US$125 per share. This transaction amounted to 75% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$15m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Nov 09
Independent Director notifies of intention to sell stock Patricia Wagner intends to sell 13k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of November. If the sale is conducted around the recent share price of US$125, it would amount to US$1.7m. Since March 2025, Patricia's direct individual holding has decreased from 19.14k shares to 2.54k. Company insiders have collectively sold US$14m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Nov 06
Third quarter dividend of US$0.08 announced Dividend of US$0.08 is the same as last year. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 0.3%, which is lower than the industry average of 0.7%. Payout Ratios Payout ratio: 6%. Cash payout ratio: 4%. Price Target Changed • Nov 05
Price target increased by 8.3% to US$154 Up from US$142, the current price target is an average from 10 analysts. New target price is 18% above last closing price of US$130. Stock is up 69% over the past year. The company is forecast to post earnings per share of US$4.83 for next year compared to US$3.37 last year. Reported Earnings • Nov 04
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: US$1.75 (up from US$1.09 in 3Q 2024). Revenue: US$2.18b (up 32% from 3Q 2024). Net income: US$94.6m (up 62% from 3Q 2024). Profit margin: 4.3% (up from 3.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 37%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Construction industry in the US. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Oct 28
Price target increased by 7.3% to US$147 Up from US$137, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of US$141. Stock is up 123% over the past year. The company is forecast to post earnings per share of US$4.56 for next year compared to US$3.37 last year. Annonce • Oct 22
Primoris Services Corporation to Report Q3, 2025 Results on Nov 03, 2025 Primoris Services Corporation announced that they will report Q3, 2025 results After-Market on Nov 03, 2025 Price Target Changed • Oct 16
Price target increased by 7.3% to US$140 Up from US$130, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of US$139. Stock is up 123% over the past year. The company is forecast to post earnings per share of US$4.55 for next year compared to US$3.37 last year. Buy Or Sell Opportunity • Oct 14
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 64% to US$141. The fair value is estimated to be US$117, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Price Target Changed • Oct 09
Price target increased by 7.6% to US$137 Up from US$128, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of US$138. Stock is up 129% over the past year. The company is forecast to post earnings per share of US$4.55 for next year compared to US$3.37 last year. Upcoming Dividend • Sep 23
Upcoming dividend of US$0.08 per share Eligible shareholders must have bought the stock before 30 September 2025. Payment date: 15 October 2025. Payout ratio is a comfortable 6.7% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (0.3%). Buy Or Sell Opportunity • Sep 18
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 71% to US$127. The fair value is estimated to be US$103, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 7.3% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.