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via seekingalpha.comBusiness & Companies

Primoris Services beats EPS estimates, revenue in line, and authorizes up to $250M buyback

FROM THE WIRE · SEEKINGALPHA.COM

* Primoris Services press release [https://seekingalpha.com/pr/20711887-primoris-services-corporation-reports-third-quarter-2026-results] (PRIM [https://seekingalpha.com/symbol/PRIM]): Q3 Non-GAAP EPS of $1.20 beats by $0.42. * Revenue of $2B (-7.8% Y/Y) in-line. * Updating net…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishAn EPS beat, updated guidance and a share buyback plan can support the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Primoris reported third-quarter non-GAAP EPS of $1.20, beating estimates by $0.42.
  2. 02Revenue was $2 billion, in line with expectations and down 7.8% year over year.
  3. 03The company updated full-year guidance and announced a share purchase authorization of up to $250 million.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Primoris Services CorporationPRIMStock79.63 USDMarket closedtoday +7.91%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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