Primoris Services Investigation Notice: Levi & Korsinsky Notifies Investors of Pending Investigation Into Primoris Services (PRIM)

PRIM shareholders have seen the Company's projected 2026 earnings per share cut by more than half since June 22, 2026. An investigation is examining whether investors received an accurate picture before the resets.

NEW YORK, Nov. 5, 2026 /PRNewswire/ -- Primoris Services Corporation (PRIM) shareholders have watched the Company's 2026 adjusted earnings-per-share outlook shrink from $4.80 to $5.00 down to $2.05 to $2.60 since June 22, 2026, and the third-quarter 2026 report has now cut full-year guidance again. If you bought PRIM and lost money, the earnings outlook behind your shares has been cut twice since June. Investors who suffered losses are encouraged to submit their PRIM loss details now . You may also contact Joseph E. Levi, Esq. via email at [email protected]  or by telephone at (212) 363-7500.

The June 22 reset reached beyond per-share earnings. Adjusted EBITDA guidance for 2026 fell from $480 million to $500 million down to $275 million to $325 million. That removed as much as $225 million of projected profit from the outlook in a single announcement. At the midpoints, adjusted EPS guidance fell roughly 53% and adjusted EBITDA guidance fell roughly 39%.

The second cut arrived with third-quarter 2026 results. Revenue fell 10.4% year over year, net income and adjusted EBITDA declined, and Primoris lowered its full-year adjusted EPS and adjusted EBITDA outlook once more. Approximately $450 million of revenue is now expected to fall beyond 2026. Levi & Korsinsky is investigating potential securities law violations on behalf of PRIM investors who suffered losses.

Shareholders who lost money on Primoris stock may request a review of their PRIM losses  or call (212) 363-7500.

Levi & Korsinsky, LLP  -- Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Billions recovered.

Frequently Asked Questions About the PRIM Investigation

Q: Who is eligible to participate in the PRIM investigation?  A: Investors who purchased PRIM stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.

Q: What is the deadline to contact Levi & Korsinsky about PRIM?  A: No deadline has been announced for the PRIM investigation. Contacting Levi & Korsinsky promptly helps ensure your losses are considered if the investigation proceeds to legal action.

Q: Which statements are being investigated as potentially misleading?  A: The investigation concerns whether Primoris Services Corporation (PRIM) made materially false or misleading statements regarding its 2026 financial outlook and the performance of projects in its Energy segment. Primoris cut its 2026 guidance on June 22, 2026 and lowered it again alongside third-quarter 2026 results, after which PRIM shares fell.

Q: What do PRIM investors need to do right now?  A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery . No immediate action is required to remain eligible to participate in the investigation.

Q: What documents do I need to participate?  A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.

Q: What if I already sold my PRIM shares -- can I still recover losses?  A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought PRIM and sold at a loss may still participate in the investigation.

Q: What does it cost me to participate?  A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.

Q: Do I need to go to court or give testimony?  A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171

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SOURCE Levi & Korsinsky, LLP