Premier Sees FY24 Adj. EPS $2.06-$2.18 Vs $2.16 Est.; Revenue $1.265B-$1.325B Vs $1.331B Est.
Portfolio Pulse from Benzinga Newsdesk
Premier Inc. forecasts FY24 adjusted EPS of $2.06-$2.18, slightly below the $2.16 estimate. Revenue projections are $1.265B-$1.325B, also below the expected $1.331B.
February 05, 2024 | 9:37 pm
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NEGATIVE IMPACT
Premier Inc. projects FY24 adjusted EPS and revenue below analyst estimates, indicating potential challenges ahead.
Premier Inc.'s forecasted earnings and revenue for FY24 are both below analyst expectations, which could lead to negative investor sentiment and a potential short-term decrease in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100