Investing.com - Primo Water (NYSE:PRMW) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Primo Water announced earnings per share of $0.22 on revenue of $584.6M. Analysts polled by Investing.com anticipated EPS of $0.23 on revenue of $582.07M.
Primo Water shares are down 62.91% from the beginning of the year, still down 33.80% from its 52 week high of $20.12 set on November 17, 2021.
Primo Water follows other major Consumer Staples sector earnings this month
Primo Water's report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.57 on revenue of $20.61B, compared to forecasts EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on October 25 with third quarter EPS of $0.69 on revenue of $11.06B, compared to forecast for EPS of $0.6388 on revenue of $10.53B.
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