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Premier Inc (PINC)
NASDAQ:PINC
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Earnings Data
Report Date
Feb 04, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.3Last Year’s EPS
0.6Same Quarter Last Year
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2018
|% Change Since: 13.11%
|Next Earnings Date:Aug 21, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mix of achievements and challenges. While there were notable achievements in exceeding revenue expectations and expanding partnerships, the company faced declines in certain revenue areas and ongoing challenges with contract renewals and external impacts such as hurricanes.Company Guidance
During the Premier Fiscal 2025 First Quarter Conference Call, guidance was reaffirmed based on slightly exceeding expectations for total net revenue and profitability. The company reported total net revenue of $248.1 million, down 8% from the prior year, and a GAAP net income of $72.9 million, boosted by a $57 million non-operating gain. Adjusted EBITDA was $62.4 million, surpassing expectations, especially due to strong performance in supply chain services. The guidance for net administrative fees remains in the low 60% range, with anticipated sequential decline in the second quarter due to ongoing contract renewals. Premier continues to emphasize technology investments, particularly in supply chain and performance services, to improve contract penetration and efficiency. Cash flow from continuing operations was $80 million, with free cash flow at $16.2 million. The company also highlighted ongoing share repurchases under a $1 billion authorization and declared a dividend of $0.21 per share.Exceeding Revenue and Profitability Expectations
Fiscal 2025 first quarter results slightly exceeded expectations for total net revenue and profitability, allowing the company to reaffirm its fiscal 2025 guidance.
Strong Supply Chain Services Performance
Supply Chain Services revenue exceeded expectations due to ongoing growth in member purchasing and higher contract penetration.
Successful Share Repurchase and Dividend
Returned capital to stockholders through quarterly cash dividend and repurchase of Class A common shares as part of a $1 billion share repurchase authorization.
Expanded Partnerships and Renewals
Renewed and extended engagement with a government agency for maternal and infant health outcomes and expanded partnership with a top pharma company for Alzheimer's research.
Sustainability Efforts and Reporting
Published 2024 Sustainability Report and climate resilience plan, highlighting initiatives aimed at improving healthcare and operating responsibly.
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PINC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PINC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 05, 2024 | $19.83 | $22.46 | +13.26% |
| Aug 20, 2024 | $19.63 | $19.84 | +1.07% |
| May 07, 2024 | $20.09 | $18.82 | -6.32% |
| Feb 05, 2024 | $20.11 | $20.67 | +2.78% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Premier Inc (PINC) report earnings?
Premier Inc (PINC) is schdueled to report earning on Feb 04, 2025, TBA Not Confirmed.
What is Premier Inc (PINC) earnings time?
Premier Inc (PINC) earnings time is at Feb 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PINC EPS forecast?
PINC EPS forecast for the fiscal quarter 2025 (Q2) is 0.3.
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