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Is Primoris' Backlog Strong Enough to Weather Rate Shocks?
PrimorisPrimoris(US:PRIM) ZACKS·2025-09-23 13:15

Key Takeaways PRIM's backlog reached 11.49BinJune2025,upfrom11.49B in June 2025, up from 10.45B a year earlier, with 5.14Bfor12months.Thecompanyisevaluating5.14B 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 4.83for2025and4.83 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 ...