Primoris Services Corporation Announces 2018 Fourth Quarter and Full Year Financial Results

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Primoris Services (PRIM) Tops Q4 EPS by 1c, Revenues Beat; Offers FY19 EPS Guidance Below Consensus

February 28, 2019 6:02 AM EST

Primoris Services (NASDAQ: PRIM) reported Q4 EPS of $0.63, $0.01 better than the analyst estimate of $0.62. Revenue for the quarter came in at $877.67 million versus the consensus estimate of $842.78 million.

David King, President and Chief Executive Office of Primoris, commented, 2018 was another record year for Primoris, as we achieved our strategic goal of growing revenue to nearly $3 billion by 2019 and achieved our largest annual revenue, operating income, and EPS in the Companys history while growing our MSA revenue to all-time records. As we continue to execute our strategic plan and growth initiatives, we are well... More