Primoris Services slashes EPS guidance as cost overruns send shares lower, TCW letter says
AI Summary- TCW’s fund identified Primoris Services as one of the quarter’s weakest-performing holdings.
- Primoris cut EPS guidance to $1.30-$1.85 from $4.05-$4.25.
- 59 hedge fund portfolios held Primoris at second-quarter end, versus 34 previously.