Primo Water Co. (NASDAQ:PRMW) Expected to Post Earnings of $0.18 Per Share

Wall Street analysts expect that Primo Water Co. (NASDAQ:PRMWGet Rating) will report earnings per share of $0.18 for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Primo Water’s earnings. The highest EPS estimate is $0.21 and the lowest is $0.14. Primo Water posted earnings of $0.17 per share in the same quarter last year, which suggests a positive year over year growth rate of 5.9%. The business is expected to issue its next earnings results on Monday, January 1st.

According to Zacks, analysts expect that Primo Water will report full-year earnings of $0.62 per share for the current financial year, with EPS estimates ranging from $0.52 to $0.75. For the next financial year, analysts forecast that the business will post earnings of $0.76 per share, with EPS estimates ranging from $0.67 to $0.94. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Primo Water.

Separately, StockNews.com began coverage on shares of Primo Water in a research note on Thursday, March 31st. They set a “buy” rating on the stock.

PRMW opened at $14.12 on Wednesday. Primo Water has a one year low of $13.34 and a one year high of $20.12. The company has a current ratio of 0.72, a quick ratio of 0.58 and a debt-to-equity ratio of 1.00. The company has a market cap of $2.27 billion, a PE ratio of -706.00 and a beta of 1.23.

Primo Water Company Profile (Get Rating)

Primo Water Corporation provides water direct to consumers and water filtration services in North America and Europe. It offers bottled water, purified bottled water, premium spring, sparkling and flavored water, mineral water, filtration equipment, and coffee; as well as water dispensers, and self-service refill drinking water.

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