Perimeter Solutions (PRM) Expected to Announce Quarterly Earnings on Thursday

Perimeter Solutions (NYSE:PRM) is expected to post its quarterly earnings results before the market opens on Thursday, February 20th. Analysts expect Perimeter Solutions to post earnings of ($0.10) per share and revenue of $77.01 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Perimeter Solutions (NYSE:PRM) last posted its quarterly earnings results on Tuesday, November 12th. The company reported ($0.61) earnings per share for the quarter, missing the consensus estimate of $0.61 by ($1.22). Perimeter Solutions had a negative net margin of 30.57% and a negative return on equity of 10.08%. The business had revenue of $288.42 million for the quarter, compared to analyst estimates of $265.30 million. During the same period in the previous year, the firm posted $0.31 earnings per share. On average, analysts expect Perimeter Solutions to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Perimeter Solutions Trading Down 1.3 %

Shares of NYSE PRM opened at $11.80 on Thursday. The company has a current ratio of 3.91, a quick ratio of 2.95 and a debt-to-equity ratio of 0.67. Perimeter Solutions has a one year low of $5.02 and a one year high of $14.44. The business has a 50-day moving average price of $12.76 and a two-hundred day moving average price of $12.39. The firm has a market capitalization of $1.73 billion, a PE ratio of -10.44 and a beta of 1.90.

Insider Transactions at Perimeter Solutions

In related news, CEO Haitham Khouri sold 80,156 shares of Perimeter Solutions stock in a transaction on Friday, November 15th. The stock was sold at an average price of $12.16, for a total transaction of $974,696.96. Following the completion of the sale, the chief executive officer now owns 249,833 shares of the company’s stock, valued at approximately $3,037,969.28. This trade represents a 24.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Tracy Britt Cool sold 50,000 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $12.81, for a total value of $640,500.00. Following the transaction, the director now owns 173,449 shares in the company, valued at approximately $2,221,881.69. This trade represents a 22.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 8.70% of the stock is owned by insiders.

Perimeter Solutions Company Profile

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.