What move does the options market price into Primoris Services's report?

Implied ±11.3%, either direction.

How often does Primoris Services move more than the options market prices?

4 of the last 8 reports moved at least as far as the implied move.

PRIMNYSEWater, Sewer, Pipeline, Comm & Power Line Construction

Primoris Services Corp (PRIM) earnings date, market-implied expected move, and options open interest by expiry

72.72

−2.89 · −3.82%

post 73.13 +0.56%

Closed19:58 ET

Open73.03Volume1.1MMkt cap$3.9BP/E28.34EPS2.58Div yield0.44%

Day70.97 – 74.7058%52-wk62.41 – 205.118%

PRIM

Primoris Services Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±11.3%implied · report alone

8Q avg ±16.0%·×0.70·cheap

64.5880.96

straddle ±14.1%

spot 72.77exp Nov 20ATM strike 72.5ATM straddle 12.05IV 87%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 2

after close · in 2 days

est.Q3 FY26

Calendar

Next report

Last report

−8.20%

vs ±14.8% implied · ×0.56

shaded = implied · ▲▼ = realized

Aug 4 '26 · confirmed

Implied vs realized

Linked news

1dXEL · customerXcel Energy enters equity distribution agreement to sell up to $6,000,000,000 common stock
1dPCG · customerPG&E Makes History as First Energy Utility to Earn International Emergency Management Accreditation
1dD · customerDominion Energy posts net income of $1,160 million for Q3; $2,121 million YTD

News

Largest filed tie

13F top-10 QoQ

+5.55%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

451 managers

Top fund weight

0.01%

PRIM weight · VTI

N-PORTJun 30 '26

2 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Primoris Services (PRIM) is expected to report on Nov 2 after close (estimated date).

Implied vs realized

8 reports

4 of 8≥ implied

avg implied: ±10.7%
avg realized: ±16.0%

Feb 24 '25Feb 24 '25confirmed±10.5%▲+9.62%×0.91

May 5 '25May 5 '25confirmed±7.1%▼−2.94%×0.42

Aug 4 '25Aug 4 '25confirmed±7.5%▲+16.65%×2.21

Q3 FY25Nov 3 '25confirmed±9.4%▼−10.64%×1.14

Feb 23 '26Feb 23 '26confirmed±11.4%▼−8.28%×0.72

Q1 FY26May 5 '26confirmed±11.8%▼−50.11%×4.25

Q2 FY26Jun 22 '26confirmed±12.8%▼−21.59%×1.68

Aug 4 '26Aug 4 '26confirmed±14.8%▼−8.20%×0.56

quarterimplied−55%0+55%realized×

Aug '26±14.8%▼−8.20%×0.56

Q2 FY26±12.8%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 30 close

0.32OI · 3 expiries · Oct 30 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

6750%Nov 2020d2,118+1%

7110%Dec 1848d0.381,8820%0.38

2920%Mar 19139d0.251,1840%0.25

ExpiryPutsCallsP/C

Nov 2020d6750%2,118+1%0.32

Dec 1848d7110%1,8820%0.38

Mar 19139d2920%1,1840%0.25

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±14.1%

Funds 2

VTI±0.0%

VT±0.0%

Customers 2

WMB±1.5%×0.10

ETR±1.4%×0.10

Dashed = straddle · × = co-movement · max 500dMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

−1.43%as filednet margin · revenue +8.22% QoQ · −10.71% YoY

Revenue$1.7B+8.22%

Gross profit$82M4.88%−38.83%

Operating income−$27M−1.59%−209.84%

Pre-tax income−$37M−283.92%

Net income−$24M−1.43%−239.08%

Cost of revenue$1.6B+12.67%

Operating expenses$109M−1.00%

Tax−$12M−596.00%

Other expense−$10M−117.78%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 19:45 ET

Intraday

Event sensitivity

NFP ×1.40· ±3.2% vs ±2.3% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±3.2%5 of 10×1.40

GDPgross domestic product±3.1%14 of 20×1.34

CPIconsumer prices±2.9%5 of 11×1.25

PCEpersonal income & outlays±2.5%12 of 20×1.08

FOMCrate decision±2.4%16 of 25×1.02

CPROFcorporate profits±2.3%8 of 12×1.01

PPIproducer prices±1.6%3 of 11×0.69

Bar = avg |move| to ±4% · tick = ±2.3% avg day · ×base = |move| ÷ ±2.3% · min 6 releases

Earnings history

EPS -0.45 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jun 22 '26 · confirmed	-0.45	—
Q1 FY26	May 5 '26 · confirmed	0.32	—
Q3 FY25	Nov 3 '25 · confirmed	1.73	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod