Primoris Services Corp. (PRIM) Thursday reported fourth-quarter profit of $17.93 million, up from $12.47 million in the same period last year.
Net income attributable to Primoris increased to $17.02 million or $0.33 per share from $12.47 million or $0.24 per share last year.
On average, eight analysts polled by Thomson Reuters expected the company to earn $0.29 per share fro the quarter. Analysts' estimates typically exclude special items.
Revenues totaled $480.88 million, up 29 percent from $373.07 million last year. Analysts expected revenues of $402.81 million.
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