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Primoris

76.94

+0.22000.29%

Post-market: 76.940.00000.00%17:18 EDT

Volume:1.39M

Turnover:106.89M

Market Cap:4.16B

PE:29.96

High:78.27

Open:77.92

Low:75.94

Close:76.72

52wk High:205.50

52wk Low:65.00

Shares:54.03M

Float Shares:53.25M

Volume Ratio:1.09

T/O Rate:2.60%

Dividend:0.32

Dividend Rate:0.42%

EPS(TTM):2.57

EPS(LYR):5.02

ROE:8.89%

ROA:2.99%

PB:2.59

PE(LYR):15.33

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Overview Company News Filings

Top Premarket Decliners

MT Newswires Live

S&P 500 Futures Decline In Premarket Trading; Primoris Services, Tower Semiconductor Lag

BUZZ-Primoris drops after full-year profit forecast cut, COO exit

Primoris Services Cut to Sector Weight From Overweight by Keybanc

Alphabet, SpaceX, Intel, and More Stocks That Explain Today's Market -- Barrons.com

Primoris Services Corporation : Wells Fargo Cuts Target Price to $85 From $118

THOMSON REUTERS

KeyBanc Downgrades Primoris Services to Sector Weight From Overweight, Cites 'Another Material Guidance Cut,' Removes $137 Price Target

MT Newswires Live

Primoris price target lowered to $85 from $118 at Wells Fargo

Movement Alert｜Primoris Services Falls 34.42% in Pre-Market Trading, Slashes Full-Year Earnings Guidance by Over 50% as COO Departs

Primoris Services Corporation : Keybanc Cuts to Sector Weight From Overweight

THOMSON REUTERS

Analysts Conflicted on These Industrial Goods Names: Louisiana-Pacific (LPX) and Primoris Services (PRIM)

Primoris downgraded to Sector Weight from Overweight at KeyBanc

Primoris Services Shares Slide 33.3% Premarket After Co Cuts FY Profit Forecast

THOMSON REUTERS

Carnival, Primoris Services And 3 Stocks To Watch Heading Into Tuesday

Benzinga_recent_news

Movement Alert｜Primoris Services Corporation Overnight Decline 31.7%, Full-Year Earnings Guidance Slashed and COO Departs Immediately

Stocks to Watch: Primoris Services, Avis Budget, Nexentis Technologies

Primoris Services Announces Departure of Chief Operating Officer

Primoris Services Slashes Outlook; Operating Chief to Depart

Primoris Services Cuts 2026 Earnings Outlook, COO Jeremy Kinch Steps Down; Shares Fall After-Hours

MT Newswires Live

Primoris Services Corp Shares Fall 28% to $77.73 After the Bell Following Announcement of Financial Guidance, COO Departure

THOMSON REUTERS

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Premarket Decliners","url":"https://stock-news.laohu8.com/highlight/detail?id=2645083372","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645083372?lang=en_us&edition=fundamental","pubTime":"2026-06-23 19:35","pubTimestamp":1782214502,"startTime":"0","endTime":"0","summary":"Nexentis Technologies (NXTS) shares were down 49% in recent Tuesday premarket activity, reversing the previous session's 156% rally.Wheeler Real Estate Investment Trust (WHLR) shares were down 37% 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Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645683373?lang=en_us&edition=fundamental","pubTime":"2026-06-23 19:30","pubTimestamp":1782214200,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Barrons.com using technology from Automated Insights.With U.S. stock markets set to open in two hours, McCormick & Co. Inc. Com. Vtg.  was up 9.4% in pre-market trading, and Avis Budget Group Inc.  was up 7.4%.International Business Machines Corp. , Regencell Bioscience Holdings Ltd. , and Garmin Ltd.  were all posting gains of at least 4%. In early trading, Primoris Services Corp.  and Tower Semiconductor Ltd.  had posted declines, falling 35.5% and 10.1%, respectively.Meanwhile S&P 500 futures were down 1.34%, with futures for the Dow Jones Industrial Average falling 0.50%. The Cboe Volatility Index futures were down 0.16%.In commodities news, Brent crude oil futures were down 0.09%, and gold futures were down 1.36%. Bitcoin slipped 3.00% to $62,490.In afternoon trading, stocks in Europe are down, with the STOXX Europe 600 Index declining 0.88% and the FTSE 100 Index dropping 0.46% from the previous close.U.S. stock markets open for trading","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4534","BK4612","LU1778281490.HKD","SPXU","IE0031619046.USD","LU1894683348.USD","UPRO","RSPN","SPYM","SFY","BK4585","LU2360107168.USD","MKC","SPYG","BK4539","SDS","SPYD","GB00B4LPDJ14.GBP","BK4579","XYLD","MMAX","LU0742534661.SGD","ALLW","DBSC","IE00B7SZL793.SGD","SPYU","GSLC","LU1861220033.SGD","LU1894683264.USD","SPYH","BK4602","LU0048573561.USD","RSPU","MOAT","TSPY","IJH","SPHD","XLG","CAR","SCHX","LU2404859741.USD","LU0868494617.USD","VV","VTI","BK4078","PRIM","SPXL","SPYQ","SPLV","DMAX","BK4575","LU1585245621.USD","LU0690374615.EUR","ETFT","SMAX","LU1861215975.USD","LU2362541273.HKD","SPMO","BK4212","SPGP","IBM","ACWI","SPDN","BK4533","RSP",".SPX","SSO","LU0321505868.SGD","SH","VEU","IE0009354923.USD","LU2362540622.SGD","LU1883839398.USD","IE00B66KJ199.SGD","SPYV","SPHQ","LU0321505439.SGD","BK4597","IJR","BK4141","BMAY","XDTE","LU0690374961.EUR","BK4538","BK4588","HIBL","LU1571399168.USD","GPIX","TSEM","LU0251131958.USD","LU0054578231.USD","LU2362541513.USD","LU2404859667.USD","SPUS","RGC","RSPA","IVW","BK4134","LU0251142724.SGD","IVE","LU2290526834.HKD","VBK","BK4022","VTV","BK4543","LU1880398471.USD","HIBS","LU1699723380.USD","YSPY","IVV","BK4230","LU1880398554.USD","LU1430594728.SGD","GRMN","LU1674673691.USD","BK4007","NOBL","SCHB","BK4129","LU1674673428.USD","JEPI","IE00B19Z4B17.USD","ITOT","SPUU","SPXS","GB00B4QBRK32.GBP"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645833979","title":"BUZZ-Primoris drops after full-year profit forecast cut, COO exit","url":"https://stock-news.laohu8.com/highlight/detail?id=2645833979","media":"Reuters","labels":["executive","dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645833979?lang=en_us&edition=fundamental","pubTime":"2026-06-23 19:26","pubTimestamp":1782213972,"startTime":"0","endTime":"0","summary":"BUZZ-Primoris drops after full-year profit forecast cut, COO exit** Shares of U.S. infrastructure contractor Primoris Services Corp PRIM.N plunge 36% to $71 premarket ** If losses hold through open, stock to hit more than one-year low** Co cut full-year profit forecast and announced COO Jeremy Kinch's departure on Monday** Co now expects adjusted EPS between $2.05 and $2.60 vs the prior $4.80 to $5.00 range** Expects lower revenue and gross profit for full-year in its renewables business** Brokerage Keybanc downgrades stock rating to 'sector weight' from 'overweight', says repeated guidance cuts indicate slow recovery in valuation    ** Cut in renewables business revenue estimate to $2.1 billion reflecting project delays, with the biggest earnings hit expected in Q2 - Keybanc**  On an average, 10 brokerages rate the stock \"buy\" or higher** Up to last close, stock down 12.7% YTD  ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260623:nL4N42V0P3:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"executive,dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00B7SZL793.SGD","IE00B66KJ199.SGD","BK4129","LU0054578231.USD","PRIM","IE00B19Z4B17.USD","LU2362540622.SGD","LU2362541273.HKD","LU2362541513.USD","IE0031619046.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645883313","title":"Primoris Services Cut to Sector Weight From Overweight by Keybanc","url":"https://stock-news.laohu8.com/highlight/detail?id=2645883313","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645883313?lang=en_us&edition=fundamental","pubTime":"2026-06-23 19:25","pubTimestamp":1782213900,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/PRIM/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 23, 2026 07:25 ET (11:25 GMT)","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PRIM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645833133","title":"Alphabet, SpaceX, Intel, and More Stocks That Explain Today's Market -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2645833133","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645833133?lang=en_us&edition=fundamental","pubTime":"2026-06-23 19:25","pubTimestamp":1782213900,"startTime":"0","endTime":"0","summary":"Tech stocks were getting hammered on Tuesday as investors carried on fretting about higher interest rates and mega-cap hyperscalers' aggressive artificial-intelligence spending plans.Shares of Alphabet dropped 2.5% ahead of the opening bell. The Google parent tumbled 5% on Monday after John Jumper, a senior research scientist and Nobel Prize winner, said he was leaving Google DeepMind for AI start-up Anthropic.SpaceX fell 1.5%, having plummeted 16% the previous session in a selloff that wiped out $401 billion in market capitalization.Chip makers were also racking up losses. Intel and Micron Technology, two of the biggest winners from the AI boom, tumbled 7.2% and 8.7%, respectively. Nvidia declined 3.1%, Advanced Micro Devices dropped 6.2%, and Broadcom fell 4.1%.These stocks were also making moves in premarket trading:. 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Target","url":"https://stock-news.laohu8.com/highlight/detail?id=2645880575","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645880575?lang=en_us&edition=fundamental","pubTime":"2026-06-23 18:19","pubTimestamp":1782209959,"startTime":"0","endTime":"0","summary":"Primoris Services (PRIM) has an average rating of overweight and mean price target of $140.39, according to analysts polled by FactSet.(MT Newswires covers equity, commodity and economic research 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$118 and keeps an Equal Weight rating on the shares...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/primoris-price-target-lowered-to-85-from-118-at-wells-fargo-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/primoris-price-target-lowered-to-85-from-118-at-wells-fargo-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["PGF","PRIM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1106886400","title":"Movement Alert｜Primoris Services Falls 34.42% in Pre-Market Trading, Slashes Full-Year Earnings Guidance by Over 50% as COO Departs","url":"https://stock-news.laohu8.com/highlight/detail?id=1106886400","media":"Market Focus","labels":["executive","dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1106886400?lang=en_us&edition=fundamental","pubTime":"2026-06-23 18:07","pubTimestamp":1782209234,"startTime":"0","endTime":"0","summary":"On June 23, Primoris Services fell 34.42% in pre-market trading, trading at $71.05/share, with turnover of $834,100. The steep decline was triggered by the company simultaneously announcing the...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"executive,dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PRIM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645887478","title":"Primoris Services Corporation :  Keybanc Cuts to Sector Weight From Overweight","url":"https://stock-news.laohu8.com/highlight/detail?id=2645887478","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645887478?lang=en_us&edition=fundamental","pubTime":"2026-06-23 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(PRIM)","url":"https://stock-news.laohu8.com/highlight/detail?id=2645874538","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645874538?lang=en_us&edition=fundamental","pubTime":"2026-06-23 17:40","pubTimestamp":1782207640,"startTime":"0","endTime":"0","summary":"Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Louisiana-Pacific (LPX) and Primoris Service...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/analysts-conflicted-on-these-industrial-goods-names-louisiana-pacific-lpx-and-primoris-services-prim-blurbs-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/analysts-conflicted-on-these-industrial-goods-names-louisiana-pacific-lpx-and-primoris-services-prim-blurbs-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LPX","BK4186","IE00B19Z4B17.USD","BK4588","LU2362541273.HKD","LU2362540622.SGD","IE0031619046.USD","IE00B66KJ199.SGD","BK4559","BK4585","IE00B7SZL793.SGD","BK4129","LU2362541513.USD","PRIM","LU0054578231.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645884683","title":"Primoris downgraded to Sector Weight from Overweight at KeyBanc","url":"https://stock-news.laohu8.com/highlight/detail?id=2645884683","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645884683?lang=en_us&edition=fundamental","pubTime":"2026-06-23 16:54","pubTimestamp":1782204871,"startTime":"0","endTime":"0","summary":"KeyBanc downgraded Primoris (PRIM) to Sector Weight from Overweight without a price target The company is “tough to defend” after another guidance ...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/primoris-downgraded-to-sector-weight-from-overweight-at-keybanc-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/primoris-downgraded-to-sector-weight-from-overweight-at-keybanc-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["PRIM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645889971","title":"Primoris Services Shares Slide 33.3% Premarket After Co Cuts FY Profit 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market","market":"sh","thumbnail":"https://cdn.benzinga.com/cdn-cgi/image/width=240,format=auto,quality=85/files/images/story/2026/06/23/New-York--Usa---17-February-2021-Carniva.jpg","type":0,"news_type":0,"thumbnails":["https://cdn.benzinga.com/cdn-cgi/image/width=240,format=auto,quality=85/files/images/story/2026/06/23/New-York--Usa---17-February-2021-Carniva.jpg"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/equities/26/06/60034113/carnival-primoris-services-and-3-stocks-to-watch-heading-into-tuesday","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/markets/equities/26/06/60034113/carnival-primoris-services-and-3-stocks-to-watch-heading-into-tuesday","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"benzinga_recent_news","symbols":["LU2362541513.USD","BK4517","BK4585","IE00B19Z4B17.USD","BK4142","LU2362540622.SGD","LU2362541273.HKD","BK4547","PRIM","CCL","IE0031619046.USD","BK4588","LU0054578231.USD","IE00B66KJ199.SGD","IE00B7SZL793.SGD","BK4129"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1137974711","title":"Movement Alert｜Primoris Services Corporation Overnight Decline 31.7%, Full-Year Earnings Guidance Slashed and COO Departs Immediately","url":"https://stock-news.laohu8.com/highlight/detail?id=1137974711","media":"Market Focus","labels":["executive","dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1137974711?lang=en_us&edition=fundamental","pubTime":"2026-06-23 08:35","pubTimestamp":1782174918,"startTime":"0","endTime":"0","summary":"On June 23, Primoris Services Corporation dropped 31.7% overnight, trading at $74.0 per share. The steep decline was triggered by the simultaneous announcement of a dramatic downward revision to...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"executive,dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PRIM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645293003","title":"Stocks to Watch: Primoris Services, Avis Budget, Nexentis Technologies","url":"https://stock-news.laohu8.com/highlight/detail?id=2645293003","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645293003?lang=en_us&edition=fundamental","pubTime":"2026-06-23 06:41","pubTimestamp":1782168060,"startTime":"0","endTime":"0","summary":"Primoris Services cut its full-year outlook, warning of second-quarter headwinds in its renewables business, and said its chief operating officer left the company. The stock slid 33%, to $72.50, after the bell on Monday.Avis Budget Group is set to receive $650 million in a settlement agreement with Pentwater Capital Management. Shares were up 6.5%, to $198.38, in after-hours trading.Nexentis Technologies said it would sell shares to some investors below the company's Monday closing price. Shares plummeted 46%, to $7.07.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE00B19Z4B17.USD","PRIM","IE0031619046.USD","LU2362541513.USD","BK4093","LU2362541273.HKD","NXTS","LU0054578231.USD","BK4129","BK4230","IE00B66KJ199.SGD","IE00B7SZL793.SGD","CAR","LU2362540622.SGD","BK4022"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645087860","title":"Primoris Services Announces Departure of Chief Operating Officer","url":"https://stock-news.laohu8.com/highlight/detail?id=2645087860","media":"TIPRANKS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645087860?lang=en_us&edition=fundamental","pubTime":"2026-06-23 05:22","pubTimestamp":1782163340,"startTime":"0","endTime":"0","summary":"Primoris Services ( ($PRIM) ) has shared an update. On June 22, 2026, Primoris Services announced that Chief Operating Officer Jeremy Kinch departe...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/primoris-services-announces-departure-of-chief-operating-officer?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/primoris-services-announces-departure-of-chief-operating-officer?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["PRIM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645100070","title":"Primoris Services Slashes Outlook; Operating Chief to Depart","url":"https://stock-news.laohu8.com/highlight/detail?id=2645100070","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645100070?lang=en_us&edition=fundamental","pubTime":"2026-06-23 04:42","pubTimestamp":1782160920,"startTime":"0","endTime":"0","summary":"Primoris Services cut its full-year outlook, citing challenges in its renewables business.The infrastructure services provider also said Monday its Chief Operating Officer Jeremy Kinch has left the company.Primoris said it identified additional challenges and cost overruns primarily related to six projects in its renewables business. The company said those headwinds will be temporary, and warned that they will weigh on its second-quarter results.For the full year, Primoris now expects earnings per share of $1.30 to $1.85, compared with its forecast from May for a range of $4.05 to $4.25. It now guides for full-year adjusted earnings per share of $2.05 to $2.60, down from $4.80 to $5 previously.\"While we are disappointed by the additional costs experienced on a limited number of projects in our renewables business, we remain confident in the long-term growth opportunities in our renewables business and Primoris broadly,\" Chief Executive Koti Vadlamudi said.Vadlamudi said the company is ","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PRIM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645070671","title":"Primoris Services Cuts 2026 Earnings Outlook, COO Jeremy Kinch Steps Down; Shares Fall After-Hours","url":"https://stock-news.laohu8.com/highlight/detail?id=2645070671","media":"MT Newswires Live","labels":["executive","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645070671?lang=en_us&edition=fundamental","pubTime":"2026-06-23 04:37","pubTimestamp":1782160672,"startTime":"0","endTime":"0","summary":"Primoris Services  said late Monday its chief operating officer, Jeremy Kinch, is departing from the company, effective immediately.Also, Primoris expects lower revenue and gross profit for 2026, primarily driven by its Renewables business, as cost overruns and delays were identified, according to a statement.For 2026, the company now expects adjusted EPS of $2.05 to $2.60, down from the prior outlook of $4.80 to $5.00. Analysts polled by FactSet expect $4.85.Shares of Primoris Services were down more than 32% in after-hours activity.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive,express","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["COO","PRIM"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2645707770","title":"Primoris Services Corp Shares Fall 28% to $77.73 After the Bell Following Announcement of Financial Guidance, COO Departure","url":"https://stock-news.laohu8.com/highlight/detail?id=2645707770","media":"THOMSON REUTERS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2645707770?lang=en_us&edition=fundamental","pubTime":"2026-06-23 04:19","pubTimestamp":1782159544,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260622:nL6N42U159:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["IE0031619046.USD","IE00B7SZL793.SGD","LU2362540622.SGD","LU2362541513.USD","IE00B19Z4B17.USD","PRIM","LU0054578231.USD","LU2362541273.HKD","IE00B66KJ199.SGD","BK4129"],"isVideo":false,"video":null,"gpt_icon":0}],"pageSize":20,"totalPage":9,"pageCount":4,"totalSize":169,"code":"91000000","status":"200"}]}}