earnings
confidence high
sentiment positive
materiality 0.65
Primoris Q2 revenue $881.6M (-3% YoY); EPS $0.67; declares $0.06 dividend
Primoris Services Corp
2021-Q2 EPS reported
$0.81
revenue$1,699,939,000
- Revenue $881.6M, down 3% YoY; Utility segment up 25%, Energy/Renewables up 20%, Pipeline down 58%.
- Net income $36.3M, diluted EPS $0.67; year-to-date EPS $0.81 on record $1.7B revenue.
- Backlog $2.9B, with MSA backlog at record $1.5B (52% of total).
- Full-year 2021 EPS guidance $2.30–$2.50 per diluted share.
- Board declares $0.06/share cash dividend, payable Oct 15 to holders of record Sep 30.