Primo Water (PRMW) Tops Q2 EPS by 2c, provides guidance

Primo Water (NYSE: PRMW) reported Q2 EPS of $0.26, $0.02 better than the analyst estimate of $0.24. Revenue for the quarter came in at $485 million versus the consensus estimate of $478.2 million.

GUIDANCE:

Primo Water sees FY2024 revenue of $1.87-1.89 billion, versus the consensus of $1.879 billion. Adjusted EBITDA target to between $420 million and $440 million. Full-year 2024 Adjusted Free Cash Flow from continuing operations is forecasted to be between $180 million and $190 million, an increase of $5 million.

For earnings history and earnings-related data on Primo Water (PRMW) click here.

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