Compared to Estimates, Premier (PINC) Q2 Earnings: A Look at Key Metrics

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]