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Primoris Services (PRIM) shares plunged as much as 47% on Wednesday after the infrastructure contractor reported weaker-than-expected first-quarter results and sharply lowered its full-year outlook, ...
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Infrastructure construction company Primoris (NYSE:PRIM) in Q1 CY2026, with sales falling 5.4% year on year to $1.56 billion. Its non-GAAP profit of $0.59 per share was 30.1% below analysts’ consensus ...
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What spooked investors about Primoris this quarter?
・Primoris reported quarterly revenue of $1.6 billion, down 5.4% year-over-year and missed analyst estimates of approximately $1.72 billion. ・Primoris has also lowered its adjusted earnings per share ...
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