Primo Brands Corp reports results for the quarter ended March 31 - Earnings Summary

Primo Brands

08/05/2025 14:32

Primo Brands Corp PRMB.N reported quarterly adjusted earnings of 29 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 19 cents.  The mean expectation of eight analysts for the quarter was for earnings of 23 cents per share. Wall Street expected results to range from 14 cents to 27 cents per share.

Revenue rose 257% to $1.61 billion from a year ago; analysts expected $1.62 billion.

Primo Brands Corp's reported EPS for the quarter was 8 cents​.

The company reported quarterly net income of $28.7 million.

Primo Brands Corp shares had fallen by 7.4% this quarter and gained 6.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3.3% in the last three months.​

In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the non-alcoholic beverages peer group is also "buy"

Wall Street's median 12-month price target for Primo Brands Corp is $43.00

This summary was machine generated from LSEG data May 8 at 01:32 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
Mar. 31 2025
0.23
0.29
Beat
Dec. 31 2024
0.18
0.13
Missed
Sep. 30 2024
0.30
0.35
Beat
Jun. 30 2024
0.24
0.26
Beat