Primo Water Future Growth

Future criteria checks 1/6

Primo Water is forecast to grow earnings and revenue by 11% and 4% per annum respectively. EPS is expected to grow by 13.9% per annum. Return on equity is forecast to be 10.9% in 3 years.

Key information

11.0%

Earnings growth rate

13.9%

EPS growth rate

Beverage earnings growth	8.8%
Revenue growth rate	4.0%
Future return on equity	10.9%
Analyst coverage	Good
Last updated	10 May 2024

Recent future growth updates

Recent updates

Need To Know: The Consensus Just Cut Its Primo Water Corporation (TSE:PRMW) Estimates For 2024

Nov 04

Why Primo Water Corporation (TSE:PRMW) Could Be Worth Watching

Oct 18

Does Primo Water (TSE:PRMW) Have A Healthy Balance Sheet?

Jul 18

Is Now An Opportune Moment To Examine Primo Water Corporation (TSE:PRMW)?

Jun 28

Here's Why We Think Primo Water (TSE:PRMW) Is Well Worth Watching

May 21

Calculating The Fair Value Of Primo Water Corporation (TSE:PRMW)

Apr 20

Does Primo Water (TSE:PRMW) Have A Healthy Balance Sheet?

Mar 22

Here's Why Primo Water (TSE:PRMW) Has A Meaningful Debt Burden

Dec 21

Primo Water (TSE:PRMW) Has A Somewhat Strained Balance Sheet

Jun 07

Results: Primo Water Corporation Delivered A Surprise Loss And Now Analysts Have New Forecasts

Feb 27

These 4 Measures Indicate That Primo Water (TSE:PRMW) Is Using Debt Reasonably Well

Feb 07

Earnings and Revenue Growth Forecasts

TSX:PRMW - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,057	132	N/A	N/A	3
12/31/2025	1,981	126	234	364	8
12/31/2024	1,877	116	176	333	8
3/30/2024	1,811	79	235	379	N/A
12/30/2023	1,772	64	203	350	N/A
9/30/2023	1,639	145	217	354	N/A
7/1/2023	1,602	112	137	298	N/A
4/1/2023	1,580	69	116	288	N/A
12/31/2022	1,693	59	113	282	N/A
10/1/2022	2,200	-31	50	270	N/A
7/2/2022	2,166	-14	75	261	N/A
4/2/2022	2,121	0	78	251	N/A
1/1/2022	1,576	5	136	257	N/A
10/2/2021	2,060	-20	105	242	N/A
7/3/2021	2,027	-16	90	211	N/A
4/3/2021	1,958	-140	104	218	N/A
1/2/2021	1,954	-157	53	176	N/A
9/26/2020	1,889	-135	120	238	N/A
6/27/2020	1,843	-150	137	267	N/A
3/28/2020	1,842	-15	87	211	N/A
12/28/2019	1,795	-11	137	247	N/A
9/28/2019	1,955	-9	81	208	N/A
6/29/2019	2,092	-8	69	199	N/A
3/30/2019	2,240	2	86	222	N/A
12/29/2018	1,791	15	19	147	N/A
9/29/2018	2,345	35	11	136	N/A
6/30/2018	2,317	28	29	157	N/A
3/31/2018	2,294	11	101	231	N/A
12/30/2017	2,270	-4	N/A	279	N/A
9/30/2017	2,220	-68	N/A	305	N/A
7/1/2017	2,115	-73	N/A	308	N/A
4/1/2017	1,462	-68	N/A	285	N/A
12/31/2016	1,623	-60	N/A	270	N/A
10/1/2016	1,801	-10	N/A	248	N/A
7/2/2016	2,080	-1	N/A	243	N/A
4/2/2016	2,933	0	N/A	237	N/A
1/2/2016	1,187	-2	N/A	255	N/A
10/3/2015	2,789	20	N/A	186	N/A
7/4/2015	2,568	16	N/A	154	N/A
4/4/2015	2,338	8	N/A	108	N/A
1/3/2015	2,103	10	N/A	57	N/A
9/27/2014	2,041	-20	N/A	130	N/A
6/28/2014	2,049	-9	N/A	156	N/A
3/29/2014	2,064	13	N/A	161	N/A
12/28/2013	2,094	17	N/A	155	N/A
9/28/2013	2,130	31	N/A	183	N/A
6/29/2013	2,170	33	N/A	154	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PRMW's forecast earnings growth (11% per year) is above the savings rate (2.1%).

Earnings vs Market: PRMW's earnings (11% per year) are forecast to grow slower than the Canadian market (13.6% per year).

High Growth Earnings: PRMW's earnings are forecast to grow, but not significantly.

Revenue vs Market: PRMW's revenue (4% per year) is forecast to grow slower than the Canadian market (6.9% per year).

High Growth Revenue: PRMW's revenue (4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PRMW's Return on Equity is forecast to be low in 3 years time (10.9%).

Primo Water Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 14%

Consensus EPS estimates fall by 15%

Forecast breakeven date pushed back to 2023

Forecast breakeven date moved forward to 2022

Primo Water Corporation Revises Earnings Guidance for the Year 2022

Primo Water Corporation Provides Revenue Guidance for the Third Quarter and Full Year of 2022

Recent updates

First quarter dividend of US$0.09 announced

Primo Water Declares Quarterly Cash Dividend, Payable on June 18, 2024

First quarter 2024 earnings released: EPS: US$0.12 (vs US$0.036 in 1Q 2023)

Primo Water (TSE:PRMW) Has A Pretty Healthy Balance Sheet

Investors Appear Satisfied With Primo Water Corporation's (TSE:PRMW) Prospects

Is It Too Late To Consider Buying Primo Water Corporation (TSE:PRMW)?

Upcoming dividend of US$0.09 per share

Consensus EPS estimates increase by 14%

Fourth quarter dividend of US$0.09 announced

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Primo Water Corporation, Annual General Meeting, May 08, 2024

Chief Legal Officer & Secretary exercised options to buy CA$460k worth of stock.

New major risk - Revenue and earnings growth

Chief Legal Officer & Secretary exercised options and sold CA$252k worth of stock

Primo Water Corporation to Report Q4, 2023 Results on Feb 22, 2024

Primo Water Corporation Announces Board Changes

Upcoming dividend of US$0.08 per share at 2.2% yield

Primo Water Corporation Declares Dividend, Payable on December 1, 2023

Need To Know: The Consensus Just Cut Its Primo Water Corporation (TSE:PRMW) Estimates For 2024

Third quarter 2023 earnings: EPS exceeds analyst expectations

Why Primo Water Corporation (TSE:PRMW) Could Be Worth Watching

Primo Water Corporation to Report Q3, 2023 Results on Nov 02, 2023

Consensus EPS estimates fall by 15%

Upcoming dividend of US$0.08 per share at 2.1% yield

Primo Water Corporation (TSX:PRMW) announces an Equity Buyback for $50 million worth of its shares.

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Does Primo Water (TSE:PRMW) Have A Healthy Balance Sheet?

Primo Water Corporation to Report Q2, 2023 Results on Aug 10, 2023

Now 20% undervalued after recent price drop

Is Now An Opportune Moment To Examine Primo Water Corporation (TSE:PRMW)?

Primo Water Corporation Announces Resignation of Tom Harrington as Member of the Company's Board of Directors

Upcoming dividend of US$0.08 per share at 2.3% yield

Here's Why We Think Primo Water (TSE:PRMW) Is Well Worth Watching

Chief Human Resources Officer exercised options to buy CA$164k worth of stock.

Primo Water Corporation Declares a Dividend, Payable on June 14, 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Calculating The Fair Value Of Primo Water Corporation (TSE:PRMW)

Chief Human Resources Officer exercised options to buy CA$77k worth of stock.

Does Primo Water (TSE:PRMW) Have A Healthy Balance Sheet?

Chief Legal Officer & Secretary exercised options and sold CA$183k worth of stock

Upcoming dividend of US$0.08 per share at 2.1% yield

Full year 2022 earnings: EPS exceeds analyst expectations

Primo Water Corporation, Annual General Meeting, May 03, 2023

Executive Chairman exercised options and sold CA$85k worth of stock

Primo Water Corporation acquired Additional Mountain Valley Spring Site.

Primo Water Corporation to Report Q4, 2022 Results on Feb 23, 2023

Primo Water Corporation Announces Appointment of David Hass as Chief Financial Officer

Chairman exercised options and sold CA$181k worth of stock

Forecast breakeven date pushed back to 2023

Here's Why Primo Water (TSE:PRMW) Has A Meaningful Debt Burden

President exercised options to buy CA$547k worth of stock.

Upcoming dividend of US$0.07 per share

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Forecast breakeven date moved forward to 2022

Primo Water Corporation Revises Earnings Guidance for the Year 2022

Primo Water Corporation Declares Quarterly Dividend, Payable on December 9, 2022

Primo Water Corporation to Report Q3, 2022 Results on Nov 10, 2022

Primo Water Corporation (TSX:PRMW) acquired Eureau Source / DEFEAUS SARL.

Primo Water Corporation Announces Retirement of Jay Wells as CFO, Effective April 1, 2023

Primo Water Corporation Provides Revenue Guidance for the Third Quarter and Full Year of 2022

Primo Water Corporation (TSX:PRMW) announces an Equity Buyback for CAD 100 million worth of its shares.

Primo Water Corporation Exits Russia

Primo Water Corporation to Report Q2, 2022 Results on Aug 11, 2022

Primo Water (TSE:PRMW) Has A Somewhat Strained Balance Sheet

Upcoming dividend of US$0.07 per share

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Primo Water Corporation Provides Financial Guidance for the Second Quarter and Full Year of 2022

Primo Water Corporation Declares Quarterly Dividend, Payable on June 22, 2022

Chief Human Resources Officer exercised options to buy CA$157k worth of stock.