Premier Q1 Adj. EPS $0.54 Beats $0.51 Estimate, Sales $318.75M Miss $320.22M Estimate
Portfolio Pulse from Benzinga Newsdesk
Premier (NASDAQ:PINC) reported Q1 earnings of $0.54 per share, beating the analyst consensus estimate of $0.51 by 5.88%. However, the company's quarterly sales of $318.75 million missed the analyst consensus estimate of $320.22 million by 0.46%.
November 07, 2023 | 11:37 am
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Premier's Q1 earnings per share beat estimates by 5.88%, but sales missed estimates by 0.46%.
Premier's earnings beat could potentially boost investor confidence, but the sales miss might offset this positive sentiment. The net impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100