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

Premier

02/05/2023 13:11

* Premier Inc  PINC.OQ  reported quarterly adjusted earnings
of 58
cents​​ per share for the quarter ended in March. The mean
expectation of thirteen analysts for the quarter was
for earnings of 58 cents per share.
    * Revenue fell 7.4% to $322.23 million from a year ago;
analysts
expected $353.30 million. 
    * Premier Inc's reported EPS for the quarter was 39 cents​.
    * The mean earnings estimate of analysts had fallen by
about 15.2%
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 risen by 3.2% this quarter and
lost 4.5%
so far this year.
    * The company reported quarterly net income of $46.8
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 LSEG Refinitiv data May
2 at 12:11 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.58           0.58           Met
 Dec. 31 2022      0.66           0.72           Beat
 Sep. 30 2022      0.59           0.52           Missed
 Jun. 30 2022      0.60           0.61           Beat