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Premier, Inc. (PINC) Lags Q2 Earnings and Revenue Estimates
PINCPremier(PINC) ZACKS·2025-02-04 13:45

Core Insights - Premier, Inc. reported quarterly earnings of 0.27pershare,missingtheZacksConsensusEstimateof0.27 per share, missing the Zacks Consensus Estimate of 0.29 per share, and down from 0.60pershareayearago,representinganearningssurpriseof−6.900.60 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 334.75millionyear−over−year[2]−Premiershareshaveincreasedbyapproximately5.7334.75 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 247.42million,andforthecurrentfiscalyear,itis247.42 million, and for the current fiscal year, it is 1.31 on revenues of 991.44million[7]−TheestimaterevisionstrendforPremierismixed,resultinginaZacksRank3(Hold),indicatingexpectedperformanceinlinewiththemarketinthenearfuture[6]IndustryContext−TheMedicalServicesindustry,towhichPremierbelongs,iscurrentlyrankedinthebottom38991.44 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]