Core Insights - Premier, Inc. reported a revenue of $240.27 million for the quarter ended December 2024, reflecting a year-over-year decline of 28.2% and an EPS of $0.27 compared to $0.60 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of $244.03 million, resulting in a surprise of -1.54%, while the EPS also missed the consensus estimate of $0.29 by -6.90% [1] Financial Performance Metrics - Net Revenue from Supply Chain Services - Net administrative fees was $131.42 million, exceeding the average estimate of $126.62 million, but showing a year-over-year decline of 12.1% [4] - Total Net Revenue from Supply Chain Services was $148.75 million, surpassing the average estimate of $144.61 million, but down 31.7% year-over-year [4] - Net Revenue from Software licenses, other services, and support was $108.85 million, below the estimated $144.61 million, representing a decline of 32.8% compared to the previous year [4] - Net Revenue from Supply Chain Services - Software licenses, other services, and support was $17.33 million, slightly below the average estimate of $17.95 million, but showing a year-over-year increase of 38.5% [4] - Net Revenue from Performance Services was $91.52 million, lower than the average estimate of $99.42 million, reflecting a year-over-year decline of 21.8% [4] - Adjusted EBITDA for Supply Chain Services was $73.74 million, exceeding the average estimate of $71.39 million [4] - Adjusted EBITDA for Performance Services was $9.12 million, significantly below the average estimate of $20.03 million [4] - Adjusted EBITDA for Corporate was -$32.77 million, worse than the average estimate of -$31.27 million [4] Stock Performance - Shares of Premier have returned +5.3% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Core Insights - Premier, Inc. reported quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.29 per share, and down from $0.60 per share a year ago, representing an earnings surprise of -6.90% [1] - The company posted revenues of $240.27 million for the quarter, missing the Zacks Consensus Estimate by 1.54%, and down from $334.75 million year-over-year [2] - Premier shares have increased by approximately 5.7% since the beginning of the year, outperforming the S&P 500's gain of 1.9% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.32 on revenues of $247.42 million, and for the current fiscal year, it is $1.31 on revenues of $991.44 million [7] - The estimate revisions trend for Premier is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Medical Services industry, to which Premier belongs, is currently ranked in the bottom 38% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Cencora, another company in the same industry, is expected to report quarterly earnings of $3.50 per share, reflecting a year-over-year change of +6.7%, with revenues anticipated to be $78.12 billion, up 8.1% from the previous year [9][10]

Fiscal 2025 Second-Quarter Earnings Conference Call February 4, 2025 © 2025. ALL RIGHTS RESERVED. | PREMIER INC. | 1 Forward-Looking Statements and Non-GAAP Financial Measures Forward-looking statements – Statements made in this presentation and the accompanying webcast that are not statements of historical or current facts, such as those related to our ability to advance our business strategies and improve healthcare, our ability to find a partner for our Contigo Health business and the potential benefits ...

A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities.Analyst’s Disclosure: I/we have a beneficial long position in the shares of AGNC either through stock ownership, options, or other derivatives. I wrote this ...

BellRing Brands, Inc. (BRBR) is set to release its first-quarter fiscal 2025 results on Feb. 3, after market close.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The global convenient nutrition category leader posted adjusted earnings of 51 cents per share in the last reported quarter, which surpassed the Zacks Consensus Estimate by 2%. The company topped earnings estimates in the trailing four quarters, the average surprise being 16.84%.BRBR’s Q1 EstimatesFor the first quarter of fi ...

AI Stocks Overview - Not all early-stage risers in AI are guaranteed to be long-term winners, as evidenced by the mixed outlook on Wall Street [1][2] - AI technology enables software and systems to make split-second decisions without human intervention, with wide-reaching utility across industries [2] - Three premier AI stocks are expected to see significant declines in 2025, based on low-water price targets from Wall Street analysts [3] Super Micro Computer (SMCI) - Super Micro Computer is expected to see a 55% decline in 2025, with a price target of $15 per share [4] - The company is well-positioned to benefit from the AI revolution, with net sales surging 110% to nearly $15 billion in fiscal 2024 [5] - Super Micro Computer utilizes Nvidia's GPUs in its rack servers, enhancing their desirability [6] - The company faced allegations of "accounting manipulation" in a research report by Hindenburg Research, though an independent committee found no evidence of misconduct [7] - Competition in data center infrastructure is increasing, suggesting a cautious approach is warranted [8] Palantir Technologies (PLTR) - Palantir Technologies may see an 86% decline in 2025, with a price target of $11 per share [9] - The company's stock has gained 1,140% over the past two years, driven by its unique operating model and AI-driven platforms (Gotham and Foundry) [9][11] - Palantir has shifted to recurring profitability ahead of schedule, supported by multiyear contracts with the U.S. government [12] - The company's valuation is a concern, with a price-to-sales (P/S) ratio of nearly 73, which is historically unsustainable [14] - Long-term growth for Gotham is limited by geopolitical restrictions, as non-allies of the U.S. are unlikely to gain access [13] SoundHound AI (SOUN) - SoundHound AI is forecasted to decline by 66% in 2025, with a price target of $7 per share [16] - The company has seen parabolic growth, driven by its position in the next stage of AI evolution, particularly in AI voice recognition and conversational technologies [17] - Sales grew 89% in Q3 2024, with revenue diversification reducing reliance on its largest customer [18] - SoundHound AI is not profitable and is burning through cash, with $75.7 million used in operating activities in the first nine months of 2024 [19] - The company's valuation is concerning, with a P/S ratio of 94, indicating an unsustainable recent climb in share price [20] - Historical trends suggest that early-stage innovations often face overestimation and eventual corrections, which could impact SoundHound AI [21]

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics a ...

VANCOUVER, British Columbia, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce that the Company has started mobilizing people and equipment to begin the underground development of the Premier Northern Lights mine (“PNL”). Following the close of the recent financing on November 18th, 2024, the Company has started erecting the head cover for the PNL portal and is moving people and equipment back to the site to begin the developmen ...

TORONTO, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Premier American Uranium Inc. (“PUR”, the “Company” or “Premier”) (TSXV: PUR) (OTCQB: PAUIF) announces that David Suda, President of the Company, has resigned from his position effective December 1, 2024, to pursue other opportunities. Colin Healey, CEO of PUR, commented, “On behalf of the Board of Directors and the entire Company, I would like to extend our sincere gratitude to David for his leadership and dedication during his time with the Company. His contribut ...

Have you been paying attention to shares of Premier, Inc. (PINC) ? Shares have been on the move with the stock up 15.2% over the past month. The stock hit a new 52-week high of $23.56 in the previous session. Premier, Inc. has gained 3.6% since the start of the year compared to the 1% move for the Zacks Medical sector and the -6.1% return for the Zacks Medical Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnin ...