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Is Primoris' Backlog Strong Enough to Weather Rate Shocks?
ZACKSยท 2025-09-23 13:15
Key Takeaways PRIM's backlog reached $11.49B in June 2025, up from $10.45B a year earlier, with $5.14B for 12 months.The company is evaluating $1.7B in data center work, with contracts expected by the end of 2025.Primoris' earnings estimates rose to $4.83 for 2025 and $5.50 for 2026, implying solid double-digit growth.Primoris Services Corporation (PRIM) offers a diversified range of services, which are proving beneficial for its strong backlog growth. It is capitalizing on market opportunities across vario ...