Primoris Services First Quarter 2025 Earnings: Beats Expectations

Primoris Services (NYSE:PRIM) First Quarter 2025 Results

Key Financial Results

• Revenue: US$1.65b (up 17% from 1Q 2024).
• Net income: US$44.2m (up 134% from 1Q 2024).
• Profit margin: 2.7% (up from 1.3% in 1Q 2024). The increase in margin was driven by higher revenue.
• EPS: US$0.82 (up from US$0.35 in 1Q 2024).

We've discovered 1 warning sign about Primoris Services. View them for free.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Primoris Services Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 76%.

Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Construction industry in the US.

Performance of the American Construction industry.

The company's shares are up 6.2% from a week ago.

Valuation

Our analysis of Primoris Services based on 6 different valuation metrics shows it might be undervalued. Discover what analysts are forecasting and how the current share price shapes up by clicking here.

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