Perimeter Solutions (PRM) Set to Announce Earnings on Thursday

Perimeter Solutions (NYSE:PRM) will issue its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect Perimeter Solutions to post earnings of ($0.15) per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Perimeter Solutions (NYSE:PRM) last announced its quarterly earnings data on Thursday, February 22nd. The company reported ($0.09) EPS for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.02. The company had revenue of $59.46 million during the quarter, compared to the consensus estimate of $45.00 million. Perimeter Solutions had a net margin of 20.95% and a return on equity of 1.78%. On average, analysts expect Perimeter Solutions to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Perimeter Solutions Stock Up 1.3 %

Shares of PRM stock opened at $7.53 on Wednesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.91 and a current ratio of 4.56. Perimeter Solutions has a 52-week low of $2.79 and a 52-week high of $8.41. The firm’s 50-day moving average is $6.90 and its 200-day moving average is $5.23. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 18.83 and a beta of 1.97.

Wall Street Analysts Forecast Growth

Separately, UBS Group upped their price objective on shares of Perimeter Solutions from $6.50 to $7.00 and gave the company a “neutral” rating in a report on Tuesday, March 26th.

About Perimeter Solutions

Perimeter Solutions, SA manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Specialty Products. The Fire Safety segment provides fire retardants and firefighting foams, as well as specialized equipment and services for federal, state, provincial, local/municipal, and commercial customers.