Primoris Services Forecasts 2026 EPS Between $1.30 and $1.85
PRIM is trading near its 52-week low of $73.62 (8.5% above the low).
Summary
Primoris Services provided its full-year 2026 EPS guidance, projecting earnings between $1.30 and $1.85 per share. This guidance follows a significant Q1 2026 earnings miss where net income dropped 60.6% and revenue decreased 5.4%, and comes amidst a shareholder investigation into the company's disclosures. This new full-year outlook will be critical for analysts and investors to re-evaluate the company's financial trajectory and future valuation, especially given the recent operational challenges and legal scrutiny.
At the time of this announcement, PRIM was trading at $79.85 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $5.9B. The 52-week trading range was $73.62 to $205.50. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.