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Primoris Services Stock Down 10% Post Q3 Results: Buy the Dip or Wait?
ZACKS· 2025-11-13 02:01
Key Takeaways Adjusted EPS jumped 54% YoY to $1.88, and revenues climbed 32% to $2.18B, on solid execution and demand.Gross margin contracted 120 bps to 10.8%, impacted by renewables project delays and weather disruptions.PRIM reduced debt by 36% YoY, with $327.5M operating cash flow, underscoring disciplined capital management.Primoris Services Corporation (PRIM) dipped 9.9% since reporting its third-quarter 2025 financial results on Nov. 3, underperforming the Zacks Building Products - Heavy Construction ...