TAMPA, Fla. (AP) — TAMPA, Fla. (AP) — Primo Brands Corporation (PRMB) on Thursday reported third-quarter earnings of $16.8 million.
The Tampa, Florida-based company said it had profit of 4 cents per share. Earnings, adjusted for one-time gains and costs, came to 41 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share.
The maker of pure-play water solutions posted revenue of $1.77 billion in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $1.78 billion.
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