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

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

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

February 28, 2019 6:00 AM EST

Board of Directors Declares $0.06 Per Share Cash Dividend

Financial Highlights

Record 2018 revenue of $2.9 billion, compared to $2.4 billion in 2017 2018 Q4 revenue of $877.7 million, compared to $579.0 million in 2017 Q4 Record 2018 net income attributable to Primoris of $77.5 million, or $1.50 per fully diluted share, compared to $72.4 million, or $1.40 per fully diluted share, in 2017 2018 results include $13.3 million in one-time, merger-related costs, compared to $1.8 million in 2017 2018 Q4 net income attributable to Primoris of $32.4 million, or $0.63 per fully diluted share,... More