Primo Brands Corp reports results for the quarter ended June 30 - Earnings Summary
Primo Brands Corp reports results for the quarter ended June 30 - Earnings Summary
Primo Brands Corp PRMB.N reported quarterly adjusted earnings of 37 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of twelve analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 19 cents to 40 cents per share.
Revenue rose 3.8% to $1.80 billion from a year ago; analysts expected $1.76 billion.
Primo Brands Corp's reported EPS for the quarter was 19 cents.
The company reported quarterly net income of $69.2 million.
Primo Brands Corp shares had fallen by 4.7% this quarter and gained 42.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 8.2% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
This summary was machine generated from LSEG data August 5 at 01:31 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.32 | 0.37 | Beat |
Mar. 31 2026 | 0.25 | 0.23 | Missed |
Dec. 31 2025 | 0.21 | 0.26 | Beat |
Sep. 30 2025 | 0.36 | 0.41 | Beat |
Recent news on Primo Brands
See all newsBrief: Primo Brands Corp Files For Offering Of 20 Million Shares Of Class A Common Stock By The Selling Stockholder.
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