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News

Primo Water Corp Expects Q1 Revenue of $435M-$445M Vs $512.67M Est, FY24 Revenue of $1.84B-$1.88B Vs $2.07B Est

Author: Benzinga Newsdesk | February 22, 2024 07:38am

OUTLOOK

Primo Water is targeting the following results from continuing operations for the first quarter and full-year 2024:


 

Q1 2024 Range

FY 2024 Range

($ in millions)

Low

High

Low

High

Revenue

$435

$445

$1,840

$1,880

Adjusted EBITDA

$85

$91

$402

$422

Cash Taxes


 

 

$30

$40

Cash Interest


 

 

$30

$50

Cap-Ex


 

 

~ 7% of Revenue + $22.5M Strategic

Investment

Adj. Free Cash Flow


 

 

$170

$180

Posted In: PRMW

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