Premier reports Q4 adjusted EPS 46c, consensus 34c

Reports Q4 revenue $262.9M, consensus $247.68M. “I’m pleased to report that we had a strong finish to the year despite the contract renewal headwinds, which are now mostly behind us. Our overall revenue and profitability for the year exceeded our expectations largely due to better-than-anticipated results in our Supply Chain Services segment,” said Michael Alkire, CEO. “In addition, we continued to return meaningful capital to stockholders through our quarterly cash dividend and the completion of a $200M accelerated share repurchase program.”