Premier Inc reports results for the quarter ended December 31 - Earnings Summary

Premier

04/02/2025 12:31

* Premier Inc  PINC.OQ  reported quarterly adjusted earnings
of 27
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of 60
cents.  The mean expectation of nine analysts for the quarter
was for earnings of 30 cents per share. Wall Street expected
results to range from 27 cents to 34 cents per share.
    * Revenue fell 28.2% to $240.27 million from a year ago;
analysts
expected $243.22 million. 
    * Premier Inc's reported EPS for the quarter was a loss of
$1.01​.
    * The company reported a quarterly loss of $96.02 million.
    * Premier Inc shares had risen by 5.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "hold"

Wall Street's median 12-month price target for Premier Inc is
$21.00 
This summary was machine generated from LSEG data February 4 at
12:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.30           0.27           Missed
 Sep. 30 2024      0.25           0.34           Beat
 Jun. 30 2024      0.49           0.69           Beat
 Mar. 31 2024      0.48           0.55           Beat