Industrials·Construction & Engineering·$9.3B
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.09 | N/A | -63.71% |
| Revenue | N/A | N/A | N/A |
management commentary, guidance changes, and full analysis available with Pro.
| EPS | $0.09 | N/A | -63.71% |
| Revenue | N/A | N/A | N/A |
Tone: Cautiously Optimistic
Overall, management conveyed a sense of cautious optimism regarding future opportunities. They emphasized their commitment to navigating current market challenges.
Management highlighted ongoing projects and their potential impact on future performance.
They acknowledged challenges in the current market but expressed confidence in long-term strategies.
The earnings report shows that Primoris Services Corp fell short of expectations on EPS, which may raise concerns among investors. However, the stock reacted positively, increasing by 5.35%, likely due to management's optimistic outlook on ongoing projects. Investors may be encouraged by the potential for future growth despite the current earnings miss.
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MARRIOTT INTL INC NE Class A
Nov 7, 2016