Shares of Primoris Services (NASDAQ: PRIM) skyrocketed 17.10% in after-hours trading on Monday, following the release of the company's exceptional second-quarter 2025 financial results. The infrastructure construction and maintenance services provider significantly outperformed analyst expectations, demonstrating robust growth and operational efficiency across key metrics.
Primoris reported adjusted earnings per share (EPS) of $1.68 for Q2, handily beating the analyst consensus estimate of $1.08 by 55.6%. The company's revenue surged to $1.89 billion, surpassing the expected $1.69 billion by 11.8% and marking a 20.84% increase from the same period last year. Adjusted EBITDA came in at $154.8 million, well above the estimated $112.1 million, while adjusted net income reached $92.2 million, significantly higher than the projected $59 million.
Adding to the positive sentiment, Primoris raised its full-year 2025 guidance, further fueling investor enthusiasm. The company now forecasts adjusted EPS in the range of $4.90 to $5.10, up from its previous guidance of $4.20 to $4.40. This upward revision indicates strong confidence in Primoris's future performance and its ability to capitalize on the growing demand for infrastructure services. The impressive quarterly performance and upbeat outlook suggest that Primoris is well-positioned for continued growth in the coming months, driving investor interest and the substantial after-hours stock price increase.