Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Primoris Services Reports Flat EPS In Q4 - Quick Facts

RELATED NEWS
Trade PRIM now with 

Primoris Services Corp. (PRIM: Quote) posted fourth-quarter 2011 net income of $12.47 million versus $12.25 million in the prior-year quarter, with quarterly earnings per share remaining flat at $0.24.

Revenues for the 2011 fourth quarter rose 12% to $373.1 million from $333.2 million in the earlier year period, mainly due to higher revenues at the West Construction Services segment, led by the California-based Underground group at which revenues grew by $66.3 million from the 2010 period.

In addition, the company announced that on February 24, 2012, its board declared a $0.03 per share cash dividend to stockholders of record as of March 30, 2012, payable on or about April 16, 2012.

Click here to receive FREE breaking news email alerts for Primoris Services Corporation and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Stocks have moved mostly lower in early trading on Monday after opening the session near the unchanged line. The major averages have slid firmly into negative territory, with the S&P 500 pulling back further off last Thursday's record closing high. After turning in a mixed performance last week, stocks may continue to experience choppy trading early on Monday. The major index futures are currently pointing to a roughly flat open for the markets, with the Dow futures up by just 2 points. President Barack Obama is meeting with presidents from Central American nations on Friday as the U.S. struggles to deal with a surge of unaccompanied children across the southern border.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.