Earnings Summary

Primoris Services Corp’s revenue jumped 38.17% since last year same period to $1413.38Mn in the Q2 2023. On a quarterly growth basis, Primoris Services Corp has generated 12.45% jump in its revenue since last 3-months.

Primoris Services Corp’s net profit fell -22.18% since last year same period to $39.03Mn in the Q2 2023. On a quarterly growth basis, Primoris Services Corp has generated 2879.54% jump in its net profits since last 3-months.

Primoris Services Corp’s net profit margin fell -43.67% since last year same period to 2.76% in the Q2 2023. On a quarterly growth basis, Primoris Services Corp has generated 2549.66% jump in its net profit margins since last 3-months.

Primoris Services Corp’s earning per share (EPS) estimates for the current quarter stand at 0.71 - a -10.13% fall from last quarter’s estimates.

Primoris Services Corp’s earning per share (EPS) estimates for the current year stand at 0.71.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Primoris Services Corp’s return on assets (ROA) stands at 0.05.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Primoris Services Corp’s return on equity (ROE) stands at 0.11.

Primoris Services Corp declared 0.06 dividend per share during the earnings announcement for Q1 2023.