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Primoris Services Corp - PRIM STOCK NEWS

Welcome to our dedicated news page for Primoris Services (Ticker: PRIM), a resource for investors and traders seeking the latest updates and insights on Primoris Services.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Primoris Services's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Primoris Services's position in the market.

News
Primoris Services Corporation Schedules First Quarter 2024 Earnings Conference Call and Webcast
Rhea-AI Summary
Primoris Services (NYSE: PRIM) announced the schedule for its first quarter 2024 earnings conference call and webcast. The financial results will be reported on May 8, 2024, after market close. The conference call and webcast to discuss the results and business outlook will take place on May 9, 2024, at 9:00 a.m. U.S. Central Time. Interested parties can join the call or access the webcast via the Company's website. A replay will be available for seven days after the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
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News
Primoris Services Corporation to Host 2024 Investor Day
Rhea-AI Summary
Primoris Services (NYSE: PRIM) is hosting an Investor Day in New York City on April 3, 2024. Senior management will discuss strategic initiatives and financial targets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.76%
Tags
conferences
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News
Primoris Services Corporation to Provide Strategic Update and Financial Targets
Rhea-AI Summary
Primoris Services Corporation (PRIM) will host and webcast its 2024 Investor Day on April 3, 2024, at the New York Stock Exchange. The event will feature senior management presenting strategic initiatives and financial targets, with a Q&A session. The webcast will be available live and for replay on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.61%
Tags
none
News
Primoris Services Corporation Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Primoris Services Corporation (NYSE: PRIM) reported strong financial results for the full year 2023, with revenue reaching $5.7 billion, up 29.3% from 2022. Net income was $126.1 million, down 5.2% due to higher expenses. Adjusted net income increased to $154.7 million. The company also achieved a record total backlog of $10.9 billion. For the fourth quarter, revenue was $1.5 billion, up 14.0% from the previous year. Net income was $37.7 million, down 9.3%. Adjusted net income was $46.4 million. Primoris remains optimistic for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.86%
Tags
earnings
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News
Primoris Services Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast
Rhea-AI Summary
Primoris Services Corporation (NYSE: PRIM) has announced the date for reporting its fourth quarter and full year 2023 financial results. The press release will be available on the Primoris website, and a conference call and webcast will be held to discuss the results and the business outlook for 2024. Interested parties can access the webcast and conference call through the Company’s website or by dialing in using the provided phone numbers and access code.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.83%
Tags
earnings
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News
Primoris Services Corporation Receives Projects Valued at Approximately $1.1 Billion
Rhea-AI Summary
Primoris Services Corporation (NYSE: PRIM) announced awards totaling $1.1 billion for its Energy Segment, including $700 million for solar projects and a $350 million natural gas repowering project with battery energy storage. The projects are expected to meet the energy needs of thousands of homes in three states. President and CEO Tom McCormick expressed satisfaction with the company's backlog and the start of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.01%
Tags
none
News
Primoris Services Corporation Receives Projects Valued Over $800 Million
Rhea-AI Summary
Primoris Services Corporation (NYSE: PRIM) received over $800 million in awards for its Energy Segment, including $300 million for solar projects. President and CEO, Tom McCormick, attributes the success to customer relationships and project teams' expertise. The awards contribute to a record 2023 in new work, extending the backlog into 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.23%
Tags
none
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News
Primoris Services Corporation to Participate in Investor Conferences
Rhea-AI Summary
Primoris Services Corporation (NYSE: PRIM) to Participate in Two Investor Conferences in November
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.91%
Tags
conferences
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News
Primoris Services Corporation Reports Third Quarter 2023 Results
Rhea-AI Summary
PRIM: Primoris Services Corporation Announces Record Revenue of $1.5 Billion in Q3 2023, Expects Continued Growth in 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.46%
Tags
earnings
News
Primoris Services Corporation Schedules Third Quarter 2023 Earnings Conference Call and Webcast
Rhea-AI Summary
Primoris Services Corporation (NYSE: PRIM) will report third quarter 2023 financial results on November 7, 2023, after market close. A conference call and webcast will be held on November 8, 2023, to discuss the results and business outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
earnings
Stock PRIM logo
Primoris Services Corp

NYSE:PRIM

PRIM Rankings

#1730 Ranked by Market Cap
#470 Ranked by Stock Gains
#1993 Ranked by Dividends

PRIM Stock Data

2.44B
52.73M
1.33%
93.28%
1.73%
Water and Sewer Line and Related Structures Construction
Construction
Link
US
Dallas

About PRIM

primoris services corporation (nasdaq: prim), through various subsidiaries, has grown to become one of the largest construction service enterprises in the united states. serving diverse end markets, primoris provides a wide range of construction, fabrication, maintenance, replacement, water and wastewater, and engineering services to major public utilities, petrochemical companies, energy companies, municipalities, and other customers. since december 2009, primoris has more than doubled its size and the company's national footprint now extends throughout the continental united states and canada.