Premier Inc expected to post earnings of 58  cents a share - Earnings Preview

Premier

28/04/2023 11:33

* Premier Inc  PINC.OQ   PINC.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 2. 
    * The Charlotte North Carolina-based  company is expected to
report  a 1.6% increase in revenue to $353.3 million from
$347.83 million a year ago, according to the mean estimate from
11 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Premier Inc is for
earnings of 58 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and 2 "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
$40​, above​ its last closing price of $32.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.67        0.66       0.72      Beat    8.9
 Sep. 30 2022  0.58        0.59       0.52      Missed  -11.6
 Jun. 30 2022  0.59        0.60       0.61      Beat    2.2​
 Mar. 31 2022  0.58        0.58       0.57      Missed  -1.6
 ​​Dec.        0.65        0.65       0.73      Beat    12.1
 31 2021                                                
 Sep. 30 2021  0.59        0.59       0.64      Beat    7.6​
 Jun. 30 2021  0.59        0.59       0.60      Beat    1.4
 Mar. 31 2021  0.55        0.55       0.64      Beat    16
 This summary was machine generated April 28 at 10:32 GMT.  All
figures in US dollars  unless otherwise stated