Primo Water Q2 Adj EPS $0.24 Beats $0.20 Estimate, Sales $593.30M Beat $586.83M Estimate
Portfolio Pulse from Benzinga Newsdesk
Primo Water (NYSE:PRMW) reported Q2 earnings of $0.24 per share, beating the analyst consensus estimate of $0.20 by 20%. The company also reported quarterly sales of $593.30 million, surpassing the analyst consensus estimate of $586.83 million by 1.10%. Both earnings and sales show an increase compared to the same period last year.
August 10, 2023 | 10:31 am
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POSITIVE IMPACT
Primo Water's Q2 earnings and sales exceeded analyst estimates, which could positively impact the company's stock in the short term.
Primo Water's earnings and sales for Q2 have surpassed analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100