Premier Inc expected to post earnings of 66  cents a share - Earnings Preview

Premier

18/08/2023 13:57

* Premier Inc  PINC.OQ   PINC.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 22. 
    * The Charlotte North Carolina-based  company is expected to
report  a 4.6% increase in revenue to $356.319 million from
$340.71 million a year ago, according to the mean estimate from
10 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Premier Inc is for
earnings of 66 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"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
$33​, above​ its last closing price of $25.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.58        0.58       0.58      Met     -0.4
 Dec. 31 2023  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.        0.58        0.58       0.57      Missed  -1.6
 31 2022                                                
 Dec. 31 2021  0.65        0.65       0.73      Beat    12.1​
 Sep. 30 2021  0.59        0.59       0.64      Beat    7.6
 Jun. 30 2021  0.59        0.59       0.60      Beat    1.4
 This summary was machine generated August 18 at 12:57 GMT.  All
figures in US dollars  unless otherwise stated