Primoris Services Corporation Announces 2019 Third Quarter Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
Primoris Services (PRIM) Tops Q3 EPS by 5c, Revenues Miss; Affirms FY19 EPS Guidance
November 4, 2019 6:03 AM ESTPrimoris Services (NASDAQ: PRIM) reported Q3 EPS of $0.70, $0.05 better than the analyst estimate of $0.65. Revenue for the quarter came in at $865 million versus the consensus estimate of $894.97 million.
Financial Highlights
2019 Q3 revenue of $865.1 million, compared to $908.9 million in 2018 Q3Record 2019 Q3 net income attributable to Primoris of $35.6 million, or $0.70 per fully diluted shareCompared to $32.7 million, or $0.63 per fully diluted share, in 2018 Q3, a 9.0% increase2019 Q3 SG&A 5.8% of revenue, compared to 2018 Q3 5.7% of revenueTotal Backlog of... More