Perimeter Solutions (PRM) Expected to Announce Earnings on Thursday

Perimeter Solutions (NYSE:PRM) is expected to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $75.00 million for the quarter.

Perimeter Solutions (NYSE:PRM) last announced its earnings results on Thursday, February 20th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.21. Perimeter Solutions had a negative net margin of 1.05% and a negative return on equity of 7.62%. The business had revenue of $86.23 million during the quarter, compared to the consensus estimate of $77.01 million. On average, analysts expect Perimeter Solutions to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Perimeter Solutions Stock Down 1.1 %

Shares of NYSE PRM opened at $10.53 on Wednesday. Perimeter Solutions has a 1 year low of $7.00 and a 1 year high of $14.44. The stock’s 50-day simple moving average is $9.79 and its 200-day simple moving average is $11.68. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.95 and a current ratio of 3.91. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of -75.17 and a beta of 1.88.

Insider Transactions at Perimeter Solutions

In other Perimeter Solutions news, Director Vivek Raj sold 250,000 shares of Perimeter Solutions stock in a transaction on Friday, March 14th. The shares were sold at an average price of $9.17, for a total value of $2,292,500.00. Following the completion of the transaction, the director now owns 471,226 shares of the company’s stock, valued at $4,321,142.42. The trade was a 34.66 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 8.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded shares of Perimeter Solutions from a “neutral” rating to a “buy” rating and set a $14.00 price target for the company in a research note on Wednesday, March 26th.

Perimeter Solutions Company Profile

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.