Premier Inc expected to post earnings of 48 cents a share - Earnings Preview

Premier

03/05/2024 11:32

* Premier Inc  PINC.OQ   PINC.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 7 for the
period ending January 1 0001
    * The Charlotte North Carolina-based  company is expected to
report a 1.2% decrease in revenue to $318.514 million from
$322.23 million a year ago, according to the mean estimate from
8 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Premier Inc is for
earnings of
48 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Premier Inc
is
$24.00​, above​ its last closing price of $21.22. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.58        0.57       0.60      Beat    4.5
 Sep. 30 2023  0.50        0.51       0.54      Beat    6.2
 Jun. 30 2023  0.66        0.66       0.68      Beat    3.7​
 Mar. 31 2023  0.58        0.58       0.58      Met     -0.4
 ​​Jan.        0.67        0.66       0.72      Beat    8.9
 1 0001                                                 
 Jan. 1 0001   0.58        0.59       0.52      Missed  -11.6​
 Jan. 1 0001   0.59        0.60       0.61      Beat    2.2
 Mar. 31 2022  0.58        0.58       0.57      Missed  -1.6
 This summary was machine generated May 3 at 10:32 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)