05:51 PM EDT, 05/05/2025 (MT Newswires) -- Primoris Services ( PRIM ) reported adjusted Q1 earnings late Monday of $0.98 per diluted share, up from $0.47 a year earlier.

Analysts polled by FactSet expected $0.65.

Revenue for the quarter ended March 31 was $1.65 billion, up from $1.41 billion a year earlier.

Analysts surveyed by FactSet expected $1.49 billion.

The company reiterated its full year 2025 adjusted EPS guidance to $4.20 to $4.40. Analysts expected $4.26.

The company said the board authorized of up to $150 million share repurchase program over a three-year period.

Shares were up over 5% in after-hours trading.