Primo Brands (PRMB) Lags Q2 Earnings and Revenue Estimates

Primo Brands (PRMB) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -16.28%. A quarter ago, it was expected that this maker of pure-play water solutions would post earnings of $0.24 per share when it actually produced earnings of $0.29, delivering a surprise of +20.83%. Over the last ...