Primo Water Corp's stock increased 5.3% to $23.06 after exceeding earnings and revenue estimates.
Primo Water Corp (NYSE: PRMW) saw a 5.3% stock increase to $23.06 following its earnings report. The company posted $0.26 earnings per share, exceeding estimates of $0.24, with quarterly revenue reaching $485 million. Analysts maintain a "Moderate Buy" rating, with a 12-month price target of $25.83. Primo Water offers water solutions for residential and commercial clients and announced a quarterly dividend of $0.09 per share.
September 07, 2024
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