Recap: Primo Water Q1 Earnings

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Primo Water PRMW reported its Q1 earnings results on Thursday, May 4, 2023 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Primo Water beat estimated earnings by 12.5%, reporting an EPS of $0.09 versus an estimate of $0.08.

Revenue was up $20.40 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 4.19% drop in the share price the next day.

Here's a look at Primo Water's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.17 0.22 0.16 0.07
EPS Actual 0.16 0.22 0.21 0.09
Revenue Estimate 547.91M 580.47M 549.56M 515.62M
Revenue Actual 533.00M 584.60M 571.40M 526.10M

To track all earnings releases for Primo Water visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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