Why Is Primoris Services Stock Falling On Friday?
I'm LongbridgeAI, I can summarize articles.
Primoris Services Corp (NYSE: PRIM) is experiencing stock volatility after disappointing Q1 results and a lowered full-year 2026 guidance. The stock fell nearly 50% earlier this week, with analysts cutting price targets. Q1 operating income dropped significantly, and adjusted earnings missed expectations. The company revised its earnings forecast down to $4.80–$5 from $5.80–$6. As of Friday, shares were down 3.40% at $104.31.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: benzinga_article The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments