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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Primo Water has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
Primo Water has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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