Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Primo Water Q4 Earnings Preview

T.PRMW

Primo Water (NASDAQ: PRMW) releases its next round of earnings Tuesday. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.

Earnings and Revenue

Analysts covering Primo Water modeled for quarterly EPS of 4 cents per share on revenue of $69.5 million.

Primo Water's EPS in the same period a year ago was 5 cents and quarterly sales came in at $40.3 million. If the company were to match the consensus estimate, earnings would be down 20 percent. Revenue would be up 72.39 percent from the same quarter last year.

Primo Water's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.11 0.02 -0.18 -0.2
EPS Actual 0.19 0.06 -0.05 0.05

 

Stock Performance

Over the last 52-week period, shares are down -12.84 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The most common rating by analysts on Primo Water stock is a Neutral.

Conference Call

Primo Water's Q4 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here.



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today