Prime Water Sees Q2 Revenue Of $472M - $482M Vs. $476.1M Est.
Portfolio Pulse from Benzinga Newsdesk
Prime Water forecasts its Q2 revenue to be between $472M and $482M, which is around the analyst estimate of $476.1M.
May 09, 2024 | 10:34 am
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NEUTRAL IMPACT
Prime Water's Q2 revenue forecast aligns closely with analyst expectations, indicating stable financial performance.
The revenue forecast by Prime Water is very close to the analyst estimates, which suggests that the company's financial performance is in line with market expectations. This alignment typically results in a neutral short-term impact on the stock price, as it neither significantly exceeds nor falls short of market predictions.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90