Primoris Services Corporation Reports Fourth Quarter and Full Year 2020 Results

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Primoris Services (PRIM) Tops Q4 EPS by 23c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus

February 22, 2021 5:03 PM EST

Primoris Services (NASDAQ: PRIM) reported Q4 EPS of $0.66, $0.23 better than the analyst estimate of $0.43. Revenue for the quarter came in at $897.3 million versus the consensus estimate of $840.34 million.

For the fourth quarter 2020, Primoris reported the following highlights:

Revenue of $897.3 million, an increase of 14 percent over prior yearNet income attributable to Primoris of $31.8 million, an increase of 18 percent over prior yearFully diluted earnings per share of $0.66, an increase of 25 percent over prior year

The numbers paint a clear picture of the success of our strategy even in a difficult... More