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PRIM Targets $2.5B in Renewables: Will Solar Growth Support Margins?
ZACKSยท 2025-09-03 14:31
Key Takeaways Primoris projects nearly $2.5B in 2025 renewables revenues, above its prior $2.2-$2.3B outlook.Utility-scale solar, EPC work and battery storage drive bookings and renewables project momentum.Energy segment margin fell to 10.8% from 12.6% but is expected to improve in the year's second half.Primoris Services Corporation (PRIM) is on pace to deliver nearly $2.5 billion in renewables revenues in 2025, above its earlier outlook of $2.2-$2.3 billion. This upside has been fueled by strong demand in ...