Premier Q4 Adj $0.69 Beats $0.49 Estimate, Sales $350.27M Beat $313.21M Estimate
Portfolio Pulse from Benzinga Newsdesk
Premier (NASDAQ:PINC) reported strong Q4 results, with earnings per share of $0.69 beating estimates by 40.82% and sales of $350.27 million surpassing expectations by 11.83%. Both earnings and sales showed year-over-year growth.
August 20, 2024 | 10:34 am
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POSITIVE IMPACT
Premier's Q4 earnings and sales significantly exceeded analyst expectations, with EPS of $0.69 and sales of $350.27M. Both metrics also showed year-over-year growth, indicating strong performance.
Premier's earnings per share and sales both exceeded analyst estimates by significant margins, which is likely to positively impact the stock price in the short term. The year-over-year growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100