Primoris Services

PRIM

Market cap $6.84B

PRIM navigates shifting timelines as rapid renewables execution boosts revenues but tightens backlog, testing momentum.

The robust public infrastructure spending environment is benefiting firms operating in the infrastructure and specialty-construction markets focused on utilities, energy, pipeline and heavy civil projects. Companies like Primoris Services Corporation PRIM and MasTec, Inc. MTZ are a few names that are leveraging the incremental market trends.

PRIM rides surging data-center demand as power delivery, communications and EPC network projects fuel strong growth momentum.

Primoris Services Corporation PRIM dipped 9.9% since reporting its third-quarter 2025 financial results on Nov. 3, underperforming the Zacks Building Products - Heavy Construction industry, the broader Zacks Construction sector and the S&P 500 index. This Texas-based specialty construction and infrastructure company's third-quarter 2025 adjusted earnings of $1.88 per share and total revenues of $2.18 billion topped the Zacks Consensus Estimate by 42.4% and 20.3%, respectively.

Primoris Services Corporation PRIM has been witnessing robust demand trends across power delivery, gas operations, communications, renewable energy and industrial markets. Continued favor from the increased public infrastructure spending is fueling this fire.

Primoris Services remains a 'Buy' as strong demand drivers and execution support robust growth despite recent share price weakness. PRIM's Q3 2025 delivered a beat-and-raise quarter, with 32% revenue growth, strong Energy and Utilities segments, and management raising FY2025 EPS guidance. Backlog decline is a timing issue, not a demand problem, with significant new bookings expected to drive a near-term narrative shift and re-rating catalyst.

Primoris Services Corporation PRIM reported third-quarter 2025 results, wherein adjusted earnings and revenues handily beat the Zacks Consensus Estimate. Additionally, both metrics increased year over year.

Primoris Services Corporation ( PRIM ) Q3 2025 Earnings Call November 4, 2025 10:00 AM EST Company Participants Blake Holcomb - Vice President of Investor Relations David King - CEO, Interim President & Chairman Ken Dodgen - Executive VP & CFO Conference Call Participants Philip Shen - ROTH Capital Partners, LLC, Research Division Sangita Jain - KeyBanc Capital Markets Inc., Research Division Lee Jagoda - CJS Securities, Inc. Julien Dumoulin-Smith - Jefferies LLC, Research Division Joseph Osha - Guggenheim Securities, LLC, Research Division Brent Thielman - D.A. Davidson & Co., Research Division Sean Milligan - Needham & Company, LLC, Research Division Adam Thalhimer - Thompson, Davis & Company, Inc., Research Division Avinatan Jaroslawicz - UBS Investment Bank, Research Division Presentation Operator Good morning, and welcome, everyone, to the Primoris Services Corporation Third Quarter 2025 Earnings Conference Call and Webcast.

Primoris Services (PRIM) came out with quarterly earnings of $1.88 per share, beating the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $1.22 per share a year ago.

DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NYSE: PRIM) (“Primoris” or the “Company”) today announced financial results for its third quarter ended September 30, 2025 and provided comments on the Company's operational performance and outlook for the remainder of 2025. For the third quarter of 2025, Primoris reported the following highlights (1): Revenue of $2,178.4 million, up $529.3 million, or 32.1%, compared to the third quarter of 2024 driven by strong growth in the Energy and U.