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Primo Water profit misses consensus by 15.0% in Q2

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Primo Water profit misses consensus by 15.0% in Q2

4910321 said its normalized net income for the second quarter amounted to 6 cents per share, compared with the S&P Capital IQ consensus estimate of 7 cents per share.

EPS climbed year over year from 2 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $1.7 million, a gain from $548,130 in the year-earlier period.

The normalized profit margin rose to 5.0% from 1.7% in the year-earlier period.

otal revenue grew 6.1% on an annual basis to $34.4 million from $32.4 million, and total operating expenses came to $ Primo Water Corp.