Premier, Inc. (NASDAQ:PINC) is expected to report first quarter earnings results, after market close, on Monday 2nd November 2020.
Analysts polled by Thomson Reuters anticipate first quarter income of $ 0.49 per share.
Looking ahead, the full year income are expected at $ 2.17 per share on the revenues of $ 1238.27 million.
Previous Quarter Performance
Premier, Inc. announced income for the fourth quarter of $ 0.58 per share, from the revenue of $ 342.75 million. The quarterly earnings down 14.71 percent while revenues elevated 8.39 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.61 per share from $ 314.36 million in revenue. The bottom line results missed street analysts by $ 0.03 or 4.92 percent, at the same time, top line results outshined analysts by $ 28.39 million or 9.03 percent.
Stock Performance
On Friday, shares of Premier, Inc. has traded high as $ 32.82 and has cracked $ 32.18 on the downward trend, reaching $ 32.73 with volume of 501.10 thousand shares.
According to the previous trading day, closing price of $ 32.73, representing a 19.59 % increase from the 52 week low of $ 27.11 and a 18.34 % decrease over the 52 week high of $ 39.70.
The company has a market capital of $ 4.00 billion and is part of the Technology sector and Health Information Services industry.
Conference Call
Premier, Inc. will be hosting a conference call at 5:00 PM eastern time on 2nd November 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.premierinc.com
Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. It operates through two segments, Supply Chain Services and Performance Services. The Supply Chain Services segment offers its members with access to a range of products and services, including medical and surgical products, pharmaceuticals, laboratory supplies, capital equipment, information technology, facilities and construction, and food and nutritional products, as well as purchased services, such as clinical engineering and document shredding services.
