TAMPA, Fla. (AP) — TAMPA, Fla. (AP) — Primo Brands Corporation (PRMB) on Thursday reported first-quarter profit of $27.3 million.
The Tampa, Florida-based company said it had profit of 7 cents per share. Earnings, adjusted for one-time gains and costs, were 23 cents per share.
The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.
The maker of pure-play water solutions posted revenue of $1.63 billion in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $1.58 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRMB at https://www.zacks.com/ap/PRMB
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