08:28 AM EDT, 08/08/2024 (MT Newswires) -- Primo Water ( PRMW ) reported Q2 adjusted earnings Thursday of $0.26 per diluted share, up from $0.20 a year earlier.

Analysts polled by Capital IQ expected $0.25.

Net Revenue for the quarter ended June 29 was $485 million, up from $450.6 million a year earlier.

Analysts surveyed by Capital IQ expected $477.4 million.

The company said it expects Q3 revenue of $485 million to $495 million. Analysts polled by Capital IQ expect $490.2 million.

The company now expects 2024 revenue of $1.87 billion to $1.89 billion, compared with its previous forecast of $1.86 billion to $1.89 billion. Analysts surveyed by Capital IQ expect $1.88 billion.

Primo Water ( PRMW ) said it has paused its stock buyback program in light of the proposed merger with BlueTriton Brands.

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