Premier Q2 2024 Adj EPS $0.60 Beats $0.57 Estimate, Sales $334.75M Miss $341.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
Premier Inc. (PINC) reported Q2 2024 adjusted EPS of $0.60, surpassing the $0.57 estimate, but its sales of $334.75M fell short of the $341.50M estimate, marking a 6.92% decrease from the previous year.

February 05, 2024 | 9:35 pm
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Premier Inc. (PINC) exceeded EPS estimates but missed sales forecasts for Q2 2024, with a notable year-over-year sales decline.
While Premier Inc. (PINC) surpassed EPS expectations, the miss on sales forecasts and the year-over-year decline in sales could lead to mixed investor sentiment. The EPS beat may provide some positive momentum, but the sales miss and decline could raise concerns about growth, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100