Premier, Inc. Reports Fiscal 2016 Second-Quarter Results

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Jefferies Reiterates Buy After Premier (PINC) Posts 7.2% Growth in 2Q16

February 9, 2016 8:50 AM EST

Jefferies maintained a Buy rating on Premier, Inc. (NASDAQ: PINC), and cut the price target to $40.00 (from $44.00), following the company's 2Q earnings report. Growth in F2Q16 was 7.2% despite PINC lapping the toughest comp from all of FY15. Management continues to expect a tapering... More

Premier, Inc. (PINC) Tops Q1 EPS by 3c; Boosts Outlook

February 8, 2016 4:05 PM EST

Premier, Inc. (NASDAQ: PINC) reported Q1 EPS of $0.42, $0.03 better than the analyst estimate of $0.39. Revenue for the quarter came in at $291.7 million versus the consensus estimate of $286.87 million.

GUIDANCE:

Premier, Inc. sees FY2016 EPS of $1.57-$1.65, versus prior guidance of... More