Primoris Services (PRIM) Reports Q1 Earnings: What Key Metrics Have to Say

Primoris Services (PRIM) reported $1.65 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 16.7%. EPS of $0.98 for the same period compares to $0.47 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.5 billion, representing a surprise of +9.89%. The company delivered an EPS surprise of +36.11%, with the consensus EPS estimate being $0.72.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Primoris Services performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Total Backlog - Energy: $5.78 billion versus the two-analyst average estimate of $6.39 billion. Total Backlog: $11.39 billion versus $11.93 billion estimated by two analysts on average. Total Backlog - Utilities: $5.61 billion versus the two-analyst average estimate of $5.54 billion. Revenue- Energy: $1.11 billion versus $940.29 million estimated by two analysts on average. Revenue- Utilities: $563.41 million versus $540.31 million estimated by two analysts on average. Gross Profit- Energy: $119.08 million versus $103.02 million estimated by two analysts on average. Gross Profit- Utilities: $51.58 million versus the two-analyst average estimate of $47.12 million. View all Key Company Metrics for Primoris Services here>>>Shares of Primoris Services have returned +25.7% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Primoris Services Corporation (PRIM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks