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PRIM

Primoris Services Corp

$53.59

Earnings Summary

Revenue
$1412.71Mn
Net Profits
$18.94Mn
Net Profit Margins
1.34%
PE Ratio
19.46

Highlights

Revenue:

Primoris Services Corp’s revenue jumped 12.4% since last year same period to $1412.71Mn in the Q1 2024. On a quarterly growth basis, Primoris Services Corp has generated -6.79% fall in its revenue since last 3-months.

Net Profits:

Primoris Services Corp’s net profit jumped 1346.03% since last year same period to $18.94Mn in the Q1 2024. On a quarterly growth basis, Primoris Services Corp has generated -49.7% fall in its net profits since last 3-months.

Net Profit Margins:

Primoris Services Corp’s net profit margin jumped 1186.54% since last year same period to 1.34% in the Q1 2024. On a quarterly growth basis, Primoris Services Corp has generated -46.04% fall in its net profit margins since last 3-months.

PE Ratio:

Primoris Services Corp’s price-to-earnings ratio after this Q1 2024 earnings stands at 19.46.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Primoris Services Corp post its latest quarter earnings

EPS Estimate Current Quarter
0.79
EPS Estimate Current Year
0.79

Highlights

EPS Estimate Current Quarter:

Primoris Services Corp’s earning per share (EPS) estimates for the current quarter stand at 0.79 - a 464.29% jump from last quarter’s estimates.

EPS Estimate Current Year:

Primoris Services Corp’s earning per share (EPS) estimates for the current year stand at 0.79.

Key Ratios

Key ratios of the Primoris Services Corp post its Q1 2024 earnings

Earning Per Share (EPS)
0.35
Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.12
Dividend Per Share (DPS)
0.06

Highlights

Earning Per Share (EPS):

Primoris Services Corp’s earning per share (EPS) jumped 1650% since last year same period to 0.35 in the Q1 2024. This indicates that the Primoris Services Corp has generated 1650% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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.

Earning Per Share (EPS):

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 0.12.

Dividend Per Share (DPS):

Primoris Services Corp declared 0.06 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-09
0.14
0.35
150%