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Will Strong Utilities Demand Drive Primoris Services' EPS Higher?
ZACKSยท 2025-08-22 15:01
Key Takeaways PRIM's Utilities segment revenues rose 13.4% YoY to $1.26B in H1 2025, with backlog up 15.1% to $6.03B.Data center work worth $1.7B is under evaluation, boosting revenue visibility for future years.Adjusted EPS jumped to $2.66 from $1.52 in H1 2025, with 2025 estimates raised 20.7% YoY to $4.67.Primoris Services Corporation (PRIM) has been witnessing strong demand trends for projects concerning power delivery, gas operations and communication. It is witnessing an uptick in power-related projec ...