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

Premier

07/02/2023 12:30

* Premier Inc  PINC.OQ  reported quarterly adjusted earnings
of 72
cents​​ per share for the quarter ended in December. The mean
expectation of thirteen analysts for the quarter was
for earnings of 66 cents per share.
    * Revenue fell 5.2% to $359.63 million from a year ago;
analysts
expected $351.50 million. 
    * Premier Inc's reported EPS for the quarter was 54 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Premier Inc shares had fallen by 7.1% this quarter.
    * The company reported quarterly net income of $64.05
million.
    * Wall Street's median 12-month price target for Premier Inc
is
$40.00 
    * 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." 

This summary was machine generated from Refinitiv data February
7 at 12:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.66           0.72           Beat
 Sep. 30 2022      0.59           0.52           Missed
 Jun. 30 2022      0.60           0.61           Beat
 Mar. 31 2022      0.58           0.57           Missed