Perimeter Solutions, SA (PRM) came out with a quarterly loss of $0.61 per share versus the Zacks Consensus Estimate of $0.61. This compares to earnings of $0.31 per share a year ago.
Perimeter Solutions, SA (PRM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Perimeter Solutions, SA (PRM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here is how Idaho Strategic Resources, Inc. (IDR) and Perimeter Solutions, SA (PRM) have performed compared to their sector so far this year.
Here is how Idaho Strategic Resources, Inc. (IDR) and Perimeter Solutions, SA (PRM) have performed compared to their sector so far this year.
Perimeter Solutions, SA (PRM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Perimeter Solutions, SA (NYSE:PRM ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Seth Barker - Head of Investor Relations Haitham Khouri - Chief Executive Officer Kyle Sable - Chief Financial Officer and Principal Accounting Officer Conference Call Participants Dan Kutz - Morgan Stanley Lucas Beaumont - UBS Operator Greetings, and welcome to the Perimeter Solutions Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Perimeter Solutions, SA (PRM) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to loss of $0.05 per share a year ago.
Natixis Advisors L.P. raised its position in Perimeter Solutions, SA (NYSE:PRM – Free Report) by 25.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,820 shares of the company’s stock after purchasing an additional 11,911 shares during the quarter. Natixis Advisors L.P.’s holdings in Perimeter Solutions were worth $265,000 as of its most recent SEC filing. Several other institutional investors and hedge funds also recently bought and sold shares of the company. CWM LLC purchased a new stake in shares of Perimeter Solutions in the 4th quarter valued at approximately $44,000. Simplicity Solutions LLC increased its stake in Perimeter Solutions by 65.7% during the 4th quarter. Simplicity Solutions LLC now owns 18,914 shares of the company’s stock worth $87,000 after buying an additional 7,499 shares during the period. Bleakley Financial Group LLC increased its stake in Perimeter Solutions by 65.7% during the 4th quarter. Bleakley Financial Group LLC now owns 18,914 shares of the company’s stock worth $87,000 after buying an additional 7,499 shares during the period. Gitterman Wealth Management LLC increased its stake in Perimeter Solutions by 11.4% during the 4th quarter. Gitterman Wealth Management LLC now owns 20,167 shares of the company’s stock worth $93,000 after buying an additional 2,057 shares during the period. Finally, Aprio Wealth Management LLC increased its stake in Perimeter Solutions by 39.7% during the 4th quarter. Aprio Wealth Management LLC now owns 21,450 shares of the company’s stock worth $99,000 after buying an additional 6,098 shares during the period. 89.93% of the stock is currently owned by institutional investors and hedge funds. Perimeter Solutions Trading Up 2.7 % NYSE PRM opened at $7.97 on Monday. The company has a quick ratio of 1.91, a current ratio of 3.79 and a debt-to-equity ratio of 0.64. Perimeter Solutions, SA has a 52 week low of $2.79 and a 52 week high of $8.12. The stock has a market capitalization of $1.16 billion, a PE ratio of -34.65 and a beta of 1.97. The firm has a 50 day moving average of $7.16 and a two-hundred day moving average of $5.50. Perimeter Solutions (NYSE:PRM – Get Free Report) last posted its quarterly earnings results on Thursday, May 9th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.15) by ($0.04). Perimeter Solutions had a positive return on equity of 0.27% and a negative net margin of 7.26%. The firm had revenue of $59.04 million for the quarter, compared to analyst estimates of $55.00 million. During the same quarter last year, the firm earned ($0.05) EPS. As a group, research analysts expect that Perimeter Solutions, SA will post 0.33 EPS for the current fiscal year. Analysts Set New Price Targets Separately, UBS Group upped their target price on shares of Perimeter Solutions from $6.50 to $7.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 26th. Get Our Latest Report on Perimeter Solutions Perimeter Solutions Profile (Free Report) Perimeter Solutions, SA manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Specialty Products. The Fire Safety segment provides fire retardants and firefighting foams, as well as specialized equipment and services for federal, state, provincial, local/municipal, and commercial customers.
Here is how Perimeter Solutions, SA (PRM) and Iamgold (IAG) have performed compared to their sector so far this year.