Latest news with #PRMB
Yahoo
6 days ago
- Business
- Yahoo
Primo Brands Second Quarter 2025 Earnings: Misses Expectations
Explore Primo Brands's Fair Values from the Community and select yours Primo Brands (NYSE:PRMB) Second Quarter 2025 Results Key Financial Results Revenue: US$1.73b (up 32% from 2Q 2024). Net income: US$30.5m (down 44% from 2Q 2024). Profit margin: 1.8% (down from 4.1% in 2Q 2024). EPS: US$0.081 (down from US$52.89 in 2Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Primo Brands Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) also missed analyst estimates by 83%. Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Beverage industry in the US. Performance of the American Beverage industry. The company's shares are down 12% from a week ago. Risk Analysis We should say that we've discovered 2 warning signs for Primo Brands (1 shouldn't be ignored!) that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
07-08-2025
- Business
- Washington Post
Primo Brands: Q2 Earnings Snapshot
TAMPA, Fla. — TAMPA, Fla. — Primo Brands Corporation (PRMB) on Thursday reported second-quarter earnings of $27.6 million. On a per-share basis, the Tampa, Florida-based company said it had profit of 7 cents. Earnings, adjusted for one-time gains and costs, were 36 cents per share. The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.
Business Insider
18-06-2025
- Business
- Business Insider
Primo Brands (PRMB) Gets a Buy from RBC Capital
In a report released on June 16, Nik Modi from RBC Capital maintained a Buy rating on Primo Brands (PRMB – Research Report), with a price target of $40.00. The company's shares closed yesterday at $30.06. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Modi is a 2-star analyst with an average return of 0.4% and a 50.50% success rate. Modi covers the Consumer Defensive sector, focusing on stocks such as Primo Brands, Procter & Gamble, and Clorox. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Primo Brands with a $42.57 average price target, representing a 41.62% upside. In a report released on June 13, Bank of America Securities also maintained a Buy rating on the stock with a $42.00 price target. The company has a one-year high of $35.85 and a one-year low of $20.16. Currently, Primo Brands has an average volume of 5.59M. Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PRMB in relation to earlier this year. Last month, Tony W Lee, a Director at PRMB sold 50,657,562.00 shares for a total of $1,604,324,988.54.
Washington Post
08-05-2025
- Business
- Washington Post
Primo Brands: Q1 Earnings Snapshot
TAMPA, Fla. — TAMPA, Fla. — Primo Brands Corporation (PRMB) on Thursday reported first-quarter earnings of $28.7 million. The Tampa, Florida-based company said it had profit of 8 cents per share. Earnings, adjusted for one-time gains and costs, came to 29 cents per share. The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.
Yahoo
05-05-2025
- Business
- Yahoo
Primo Brands (PRMB) Earnings Expected to Grow: Should You Buy?
The market expects Primo Brands (PRMB) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on May 8, 2025, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This maker of pure-play water solutions is expected to post quarterly earnings of $0.25 per share in its upcoming report, which represents a year-over-year change of +31.6%. Revenues are expected to be $1.63 billion, up 259.6% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 2.38% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Primo Brands, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +6.12%. On the other hand, the stock currently carries a Zacks Rank of #2. So, this combination indicates that Primo Brands will most likely beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Primo Brands would post earnings of $0.19 per share when it actually produced earnings of $0.13, delivering a surprise of -31.58%. Over the last four quarters, the company has beaten consensus EPS estimates three times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Primo Brands appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Primo Brands Corporation (PRMB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
