Primo Brands Corp expected to post earnings of 18 cents a share - Earnings Preview

Primo Brands

18/02/2025 13:59

* Primo Brands Corp  PRMB.N   PRMB.K  is expected to show a
rise
in quarterly revenue when it reports  results on February 20 for
the period ending December 31 2024
    * The Tampa Florida-based  company is expected to report a
260.6% increase in revenue to $1.582 billion from $438.7 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Primo Brands Corp is for
earnings of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Primo
Brands Corp
is $38.00​, above​ its last closing price of $33.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.30        0.30       0.35      Beat    17.6
 Jun. 30 2024  0.24        0.24       0.26      Beat    6.9
 Mar. 31 2024  0.15        0.14       0.19      Beat    32.6​
 Dec. 31 2023  0.16        0.17       0.12      Missed  -28.2
 ​​Sep.        0.27        0.27       0.33      Beat    22.2
 30 2023                                                
 Jun. 30 2023  0.20        0.20       0.24      Beat    20​
 Mar. 31 2023  0.08        0.08       0.09      Beat    14.9
 Dec. 31 2022  0.16        0.17       0.16      Missed  -5.2
 This summary was machine generated February 18 at 13:59 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)