Perimeter Solutions (PRM) Set to Announce Earnings on Thursday

Perimeter Solutions (NYSE:PRM) will release its earnings data before the market opens on Thursday, May 9th. Analysts expect Perimeter Solutions to post earnings of ($0.15) per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Perimeter Solutions (NYSE:PRM) last announced its quarterly earnings results on Thursday, February 22nd. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.02. The firm had revenue of $59.46 million for the quarter, compared to the consensus estimate of $45.00 million. Perimeter Solutions had a net margin of 20.95% and a return on equity of 1.78%. On average, analysts expect Perimeter Solutions to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Perimeter Solutions Stock Performance

Shares of NYSE PRM opened at $7.53 on Wednesday. The firm’s 50-day moving average price is $6.90 and its 200-day moving average price is $5.23. The company has a quick ratio of 1.91, a current ratio of 4.56 and a debt-to-equity ratio of 0.58. The company has a market cap of $1.18 billion, a PE ratio of 18.83 and a beta of 1.97. Perimeter Solutions has a 52-week low of $2.79 and a 52-week high of $8.41.

Analyst Ratings Changes

Separately, UBS Group raised their price target on shares of Perimeter Solutions from $6.50 to $7.00 and gave the company a “neutral” rating in a report on Tuesday, March 26th.

About Perimeter Solutions

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.