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

Premier

03/02/2023 11:47

* Premier Inc  PINC.OQ   PINC.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 7. 
    * The Charlotte North Carolina-based  company is expected to
report  a 7.3% decrease in revenue to $351.502 million from
$379.22 million a year ago, according to the mean estimate from
12 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 "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 $33.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.65        0.65       0.73      Beat    12.1
 ​​Sep.        0.59        0.59       0.64      Beat    7.6
 30 2021                                                
 Jun. 30 2021  0.59        0.59       0.60      Beat    1.4​
 Mar. 31 2021  0.55        0.55       0.64      Beat    16
 Dec. 31 2020  0.54        0.54       0.65      Beat    20.6
 This summary was machine generated February 3 at 11:47 GMT.  All
figures in US dollars  unless otherwise stated