Save the date! Monday 4th November 2024, is when Primoris Services Corporation (NASDAQ: PRIM) will be sharing its eagerly awaited third quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled after market close.
the concern is expected to report an estimated per share $1.02 profit for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $1.58 billion during this period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $6.09 billion. Additionally, they expect the company to post profit of $3.33 per share for the fiscal year.
When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share income of $1.02. This was attributed to the company's total revenue, which amounted to an impressive $1.53 billion during that same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.04 | +30.0% | 1.56 B | +10.7% |
| Q1 2024 | $0.47 | +161.1% | 1.41 B | +12.4% |
| Q4 2023 | $0.85 | -8.6% | 1.52 B | +14.1% |
| Q3 2023 | $1.02 | -8.9% | 1.53 B | +19.1% |
| Q2 2023 | $0.80 | +66.7% | 1.41 B | +38.1% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 5th November 2024 at 09:00 AM eastern time to review the Q3 2024 financial results.
Primoris Services Corporation (PRIM) shares traded as low as $63.37 and as high as $64.66 on a day volume of 585.30 thousand shares, closed Friday's regular trading session at $63.59, an advance of 1.55 percent.
