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

Premier

22/08/2023 14:32

* Premier Inc  PINC.OQ  reported quarterly adjusted earnings
of 68
cents​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for earnings
of 66 cents per share.
    * Revenue fell 0.1% to $340.36 million from a year ago;
analysts
expected $356.32 million. 
    * Premier Inc's reported EPS for the quarter was 18 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Premier Inc shares had fallen by 10.1% this quarter and
lost 28.9% so far this year.
    * The company reported quarterly net income of $21.46
million.
    * Wall Street's median 12-month price target for Premier Inc
is
$33.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 22 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.66           0.68           Beat
 Mar. 31 2023      0.58           0.58           Met
 Dec. 31 2022      0.66           0.72           Beat
 Sep. 30 2022      0.59           0.52           Missed