PRMB Stock Recent News

TAMPA, Fla. and STAMFORD, Conn.

Primo Brands Corporation (NYSE:PRMB ) Q4 2024 Earnings Conference Call February 20, 2025 10:00 AM ET Company Participants Jon Kathol - VP, IR Robbert Rietbroek - CEO David Hass - CFO Conference Call Participants Nik Modi - RBC Capital Markets Daniel Moore - CJS Securities David Shakno - William Blair Andrew Strelzik - BMO Drew Levine - JPMorgan Derek Lessard - TD Cowen Steve Powers - Deutsche Bank Operator Good morning. My name is Marissa, and I will be your conference operator for today.

Primo Brands (PRMB) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.12 per share a year ago.

Reports Strong Organic Combined Net Sales Growth Estimated Cost Synergy Opportunity Increased to $ 300M Reports strong Organic Combined Net Sales growth driven primarily by volume  Integration ahead of schedule; increases estimated cost synergy opportunity to $300 million, with $200 million expected to be captured in 2025; balance expected to be captured in 2026 Issues full year 2025 Net Sales, Adjusted EBITDA and Adjusted Free Cash Flow guidance Increases quarterly dividend to $ 0.10 per common share TAMPA, FL and STAMFORD, CT , Feb/ 20, 2025 /PRNewswire/ - Primo Brands Corporation (NYSE: PRMB) ("Primo Brands" or the "Company"), today announced its results for the full year and fourth quarter ended December 31, 2024. "We had a strong finish to the year as a combined company, Primo Brands Corporation.

Primo Brands (PRMB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.