Primo Brands (PRMB) Expected to Release Earnings on Thursday

Key Points

• Primo Brands is expected to report Q3 2026 results before the market opens on November 5. Analysts forecast earnings of $0.4198 per share on $1.81 billion in revenue.
• The company’s latest quarter exceeded expectations, with EPS of $0.37 versus the $0.32 consensus and revenue of $1.80 billion, up 3.8% year over year.
• Analysts have a “Moderate Buy” consensus rating and an average price target of $27.82, while CEO Eric Foss recently purchased 84,000 shares for approximately $2.0 million.

Primo Brands (NYSE:PRMB - Get Free Report) is expected to announce its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Primo Brands to announce earnings of $0.4198 per share and revenue of $1.81 billion for the quarter. Investors may visit the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:00 AM ET.

Primo Brands (NYSE:PRMB - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.05. Primo Brands had a net margin of 1.49% and a return on equity of 14.24%. The firm had revenue of $1.80 billion during the quarter, compared to analysts' expectations of $1.77 billion. During the same quarter in the prior year, the business earned $0.36 EPS. Primo Brands's quarterly revenue was up 3.8% compared to the same quarter last year. On average, analysts expect Primo Brands to post $1.27 EPS for the current fiscal year and $1.42 EPS for the next fiscal year.

Primo Brands Trading Up 0.7%

Shares of Primo Brands stock opened at $19.34 on Thursday. Primo Brands has a 1 year low of $14.36 and a 1 year high of $26.21. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.86 and a current ratio of 1.05. The company has a market capitalization of $7.01 billion, a P/E ratio of 74.39, a PEG ratio of 1.99 and a beta of 0.71. The company's fifty day moving average is $20.62 and its two-hundred day moving average is $21.37.

Analysts Set New Price Targets

A number of brokerages have recently commented on PRMB. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Primo Brands in a report on Friday, August 7th. TD Cowen restated a "buy" rating on shares of Primo Brands in a research report on Thursday, August 6th. TD boosted their price target on Primo Brands from $29.00 to $35.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Barclays reduced their price objective on Primo Brands from $29.00 to $26.00 and set an "overweight" rating for the company in a research note on Friday, October 16th. Finally, Deutsche Bank Aktiengesellschaft set a $21.00 price objective on Primo Brands in a research report on Monday, October 19th. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $27.82.

Insiders Place Their Bets

In other news, CEO Eric Foss acquired 84,000 shares of the company's stock in a transaction on Monday, August 10th. The shares were bought at an average cost of $23.80 per share, with a total value of $1,999,200.00. Following the purchase, the chief executive officer owned 573,806 shares of the company's stock, valued at $13,656,582.80. This represents a 17.15% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 32.90% of the stock is currently owned by company insiders.

About Primo Brands

Primo Brands Corporation is a beverage company focused on providing water and hydration products across North America. The company offers bottled water, water dispensers, refill services, filtration products and other beverage options for households, businesses and retail customers.

Its portfolio includes well-known regional and national water brands such as Poland Spring, Deer Park, Ice Mountain, Arrowhead, Ozarka, Zephyrhills, Pure Life and Primo. Products are distributed through retail stores, direct delivery, e-commerce and workplace and residential water services.

Primo Brands was created through the combination of Primo Water Corporation and BlueTriton Brands, a transaction completed in 2024.

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