Primo Water: Here’s What Investors Need to Know Before Earnings
Primo Water (NASDAQ:PRMW) will report earnings after markets close on Tuesday, May 14th. Primo Water Corp. provides purified bottled water and water dispensers. The Company provides water dispensers, bottles and a service to exchange empty bottles at major retailers.
Here is your Cheat Sheet to Primo Water Earnings:
Earnings Expectations: Analysts expect earnings of $-0.07 per share on revenues of $20.40 million.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.13 to a loss $0.04. For the current year, the average estimate is a loss of $0.11, which is worse than the estimate ninety days ago.
Here’s how Primo Water has been performing on an annual basis:
|Revenue ($) in millions||34.65||46.98||44.61||83.06||91.48|
|Diluted EPS ($)||-10.23||-5.81||-0.66||-4.68|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||21.11||19.78||24.96||26.18||20.77|
|Diluted EPS ($)||-0.2955||-0.16||-1.11||-0.16||-3.242|
Primo Water has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)