Primoris Services Q2 Adj EPS $0.80 Beats $0.50 Estimate, Sales $1.41B Beat $1.35B Estimate
Portfolio Pulse from Benzinga Newsdesk
Primoris Services (NASDAQ:PRIM) reported Q2 adjusted earnings of $0.80 per share, beating the analyst consensus estimate of $0.50 by 60%. This is a 66.67% increase from the same period last year. The company also reported quarterly sales of $1.41 billion, beating the analyst consensus estimate of $1.35 billion by 4.98%. This is a 38.12% increase from the same period last year.
August 07, 2023 | 8:11 pm
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Primoris Services reported strong Q2 results, with both earnings and sales beating estimates and showing significant YoY growth.
Primoris Services reported Q2 earnings and sales that beat estimates and showed significant YoY growth. This positive financial performance is likely to boost investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100