The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics an ...

quantic69 Investment Thesis Primoris Services Corporation (NYSE:PRIM) delivered a strong quarter for Q2 2024, fueled by the consistent incredible growth in their energy segment and investments in emerging trends in renewable energy and AI-driven utility needs that are really starting to pay off. The construction and infrastructure company reported a revenue of $1.563 billion, up 10.6% year-over-year, which surpassed Wall Street expectations by $30 million. This growth was driven by the rise in demand for so ...

Primoris Services Corporation (NYSE:PRIM) Q2 2024 Results Conference Call August 6, 2024 10:00 AM ET Company Participants Blake Holcomb - Vice President, Investor Relations Tom McCormick - President and Chief Executive Officer Ken Dodgen - Chief Financial Officer Conference Call Participants Adam Bubes - Goldman Sachs Pete Lukas - CJS Securities Alex Hantman - Sidoti Avi Jaroslawicz - UBS Kevin Gainey - Thompson, Davis Brent Thielman - D.A. Davidson Operator Hello, and thank you for standing by. My name is ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from to . Commission file number 001-34145 Primoris Services Corporation (Exact name of registrant as specified in its charter) Delaware 20-4743 ...

Exhibit 99.1 Primoris Services Corporation Reports Second Quarter 2024 Results Dallas, TX – August 5, 2024– Primoris Services Corporation (NYSE: PRIM) ("Primoris" or the "Company") today announced financial results for its second quarter ended June 30, 2024 and provided comments on the Company's operational performance and outlook for 2024. For the second quarter of 2024, Primoris reported the following highlights (1): ● Revenue of $1,563.7 million, up $150.3 million, or 10.6 percent, compared to the second ...

Primoris president and CEO Tom McCormick emphasized the strong demand for the company's utility-scale solar and natural gas solutions. McCormick attributed this demand to the growing need for power generation and the company's solid customer relationships, underpinned by a proven track record of safe and successful project execution. Image Source: Zacks Investment Research activity. Some better-ranked stocks in the same space are: DY delivered a trailing four-quarter earnings surprise of 30.5%, on average. ...

# F F I 1 1 Based in Dallas, Texas, Primoris Services Corporation (NYSE:PRIM) is in the business of providing infrastructure services. Operating mainly in the U.S. and Canada, the company offers a broad range of construction, replacement, fabrication, and engineering services to a diversified customer base through its two primary segments, (i) utilities and (ii) energy. I am particularly interested in the energy business for several reasons: 1. It provides services to the LNG, electricity and construction m ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...

What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on May 8, 2024, Primoris Services reported EPS of $0.47 versus consensus estimate of $0.08. Valuation Metrics On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are ...

Primoris Services Corporation (NYSE:PRIM) Q1 2024 Results Conference Call May 9, 2024 10:00 AM ET Company Participants Blake Holcomb - Vice President of Investor Relations Tom McCormick - President and Chief Executive Officer Ken Dodgen - Chief Financial Officer Conference Call Participants Lee Jagoda - CJS Securities Steven Fisher - UBS Jerry Revich - Goldman Sachs Brent Thielman - D.A. Davidson Julio Romero - Sidoti & Company Adam Thalhimer - Thompson, Davis Operator Ladies and gentlemen, thank you for st ...