Primoris Services (PRIM) reported $1.65 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 16.7%. EPS of $0.98 for the same period compares to $0.47 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.5 billion, representing a surprise of +9.89%. The company delivered an EPS surprise of +36.11%, with the consensus EPS estimate being $0.72.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Primoris Services performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total Backlog - Energy: $5.78 billion versus the two-analyst average estimate of $6.39 billion.
- Total Backlog: $11.39 billion versus $11.93 billion estimated by two analysts on average.
- Total Backlog - Utilities: $5.61 billion versus the two-analyst average estimate of $5.54 billion.
- Revenue- Energy: $1.11 billion versus $940.29 million estimated by two analysts on average.
- Revenue- Utilities: $563.41 million versus $540.31 million estimated by two analysts on average.
- Gross Profit- Energy: $119.08 million versus $103.02 million estimated by two analysts on average.
- Gross Profit- Utilities: $51.58 million versus the two-analyst average estimate of $47.12 million.
View all Key Company Metrics for Primoris Services here>>>
Shares of Primoris Services have returned +25.7% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Primoris Services Corporation (PRIM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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