Below you'll find the recent earnings highlights for Premier Inc. (PINC):
In Q3, Premier Inc. reported losses of $40.2 million compared to a profit of $46.8 million in the same period the prior year. The earnings per share (EPS) for Q3 were -$0.36, as opposed to $0.39 in the same window the previous year. However, after considering several exclusions, Premier Inc. posted adjusted earnings of $61.2 million or $0.55 per share for this period.
Analysts had forecasted a lesser EPS of $0.48. The revenue for the corporation in Q3 was $342.6 million, a healthy increase from $322.2 million in the same period last year.
For future guidance, the company projects a full-year EPS in the range of $2.06 to $2.18. Alongside, the revenue guidance for the full year is anticipated to be between $1.265 billion to $1.325 billion.
