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Analyst Michael Petusky expects the company to reports its 4Q and fully year results in March, with the full year revenue at the lower end of the guidance range and the adjusted EBITDA marginally higher than the guidance.
For the fourth quarter, Primo Water is expected to reports total revenue of $30.4 million, marginally ahead of the consensus and representing a 2.7 percent increase from the comparable period.
"In terms of its business segments, we expect the water business to contribute $21.0 million and the dispenser business to contribute $9.4 million to total revenue," Petusky mentioned.
The EPS is expected at ($0.00), as compared to ($0.10) for the comparable period and the consensus expectation of $0.02.
Petusky believes that the company's business fundamentals continue to be strong and that "this is the right time to return to a constructive stance on PRMW."
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