Zacks: Analysts Anticipate Primo Water Co. (NASDAQ:PRMW) Will Post Earnings of $0.06 Per Share

Analysts expect Primo Water Co. (NASDAQ:PRMWGet Rating) to announce $0.06 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Primo Water’s earnings, with the lowest EPS estimate coming in at $0.04 and the highest estimate coming in at $0.08. Primo Water also posted earnings of $0.06 per share during the same quarter last year. The business is expected to issue its next earnings report before the market opens on Monday, January 1st.

On average, analysts expect that Primo Water will report full year earnings of $0.62 per share for the current fiscal year, with EPS estimates ranging from $0.52 to $0.75. For the next fiscal year, analysts anticipate that the business will post earnings of $0.77 per share, with EPS estimates ranging from $0.68 to $0.94. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for Primo Water.

Separately, StockNews.com initiated coverage on shares of Primo Water in a report on Thursday, March 31st. They issued a “buy” rating for the company.

Shares of PRMW traded down $0.20 during midday trading on Thursday, hitting $14.75. The stock had a trading volume of 21,847 shares, compared to its average volume of 820,382. Primo Water has a fifty-two week low of $13.34 and a fifty-two week high of $20.12. The stock has a market cap of $2.37 billion, a price-to-earnings ratio of -747.50 and a beta of 1.34. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.72 and a quick ratio of 0.58.

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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