Shares of Premier (NASDAQ: PINC) are soaring 5.27% in pre-market trading on Tuesday following the release of its fiscal year 2025 third-quarter financial results. The healthcare improvement company significantly outperformed analyst expectations, driving investor optimism.

Premier reported quarterly adjusted earnings of $0.44 per share, beating the analyst consensus estimate of $0.30 by an impressive 46.67%. While this represents a 20% decrease from the same period last year, it still showcases the company's ability to exceed market expectations in a challenging environment. Revenue for the quarter came in at $261.38 million, surpassing the analyst consensus estimate of $240.45 million by 8.71%.

The strong performance extends beyond just beating estimates. Premier's adjusted net income for the quarter stood at $38.969 million, significantly higher than the IBES estimate of $28 million. Additionally, the company provided a positive outlook for fiscal year 2025, projecting total net revenue (excluding Contigo Health) between $955 million and $995 million, with adjusted EPS expected to range from $1.37 to $1.43. This forward-looking guidance suggests continued confidence in Premier's business model and growth prospects, further fueling the stock's pre-market rally.