$PRIM

Hagens Berman said Primoris (NYSE: PRIM) Q2 2026 results and an earnings call have expanded a securities class action tied to alleged renewable project execution issues. Primoris reported a net loss of $24.2 million, revenue down 10.6% to $1.69 billion, and adjusted EBITDA of $11.4 million. The firm cites a $200 million negative cash flow impact and a June 22 update projecting 2026 renewables revenue down 30% and $900 million in expected sales.

Barclays analyst Matthew Bouley reiterated a Buy on Louisiana-Pacific (LPX) with a $92 target; shares closed at $77.36. Barclays analyst Tim Long reiterated a Buy on Axon Enterprise (AXON) with a $688 target; shares closed at $609.49. KeyBanc analyst Sangita Jain kept Primoris Services (PRIM) at Hold; shares closed at $83.40. Consensus targets suggest upside for LPX and AXON, mixed for PRIM.

Kessler Topaz Meltzer & Check said a securities fraud class action was filed against Primoris Services Corporation (NYSE: PRIM) for investors who bought PRIM common stock between Aug. 5, 2025 and Jun. 22, 2026. The suit alleges misstatements about costs and risks in fixed-price renewable projects. Lead plaintiff deadline is Sep. 21, 2026.

Primoris Services (PRIM) reported Q2 adjusted EPS loss of $0.27 versus a Zacks consensus loss of $0.35, and revenues of $1.69B versus an estimate missed by 0.51%. Year-ago EPS was $1.68 and revenue was $1.89B. The article cites a Zacks Rank #4 (Sell) and upcoming consensus EPS of $0.80 on $2.13B revenue for the next quarter.

Primoris (NYSE:PRIM) reported Q2 CY2026 results. Revenue fell 10.7% year on year to $1.69 billion, missing Wall Street’s sales expectations. Non-GAAP adjusted EPS was a loss of $0.27 per share, above analysts’ consensus. The company reported backlog of $13.86 billion and guided for full-year EPS growth from $3.28 to $4.09.

Primoris Services reported Q2 results swinging to an adjusted loss as revenue declined. The company also guided for full-year 2026 adjusted EPS of $2.05 to $2.60, compared with a FactSet estimate of $2.21. The stock closed around $90.85, up 3.43% on the day.

Primoris Services Corp (PRIM) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 prim-20260731xex99d1.htm EX-99.1 For your information, please see the attached earnings release of Primoris Corporation (“Primoris”) for the three months ended March 31, 2008 ​ ​ Exhibit 99.1 ​ Primoris Services Corporation Reports Second Quarter 2026 Results ​ Dallas,

Primoris Services (NYSE: PRIM) is named in a securities class action alleging executives misled investors about project management for fixed-price renewable energy work. The suit cites major share drops, including a 21% fall on June 23, 2026 and a 50% fall on May 6, 2026. It also points to Q1 2026 Energy segment declines and a 30% 2026 renewables revenue forecast cut to $900 million.

Primoris Services Corporation (Primoris) will release its Q2 FY2026 financial results after the market closes on Aug. 4, 2026, followed by a conference call and webcast on Aug. 5, 2026. Management will discuss quarterly performance and business outlook. Details are posted on the company’s investor website.

Rosen Law Firm filed a class action against Primoris Services (PRIM) for alleged false statements about cost estimation and project oversight for renewable energy projects. The suit targets investors buying shares between Aug 5, 2025 and Jun 22, 2026. Primoris cut 2026 net income guidance to $71.0m-$101.0m from $223.0m-$234.0m, citing Renewables pressure.