Premier Shares Fall 15% on Cut to Top End of FY Revenue Guidance

Dow Jones

Feb 05, 2025

By Sabela Ojea

Shares of Premier on Tuesday dropped after the company cut the top end of its revenue outlook for fiscal 2025 and posted lower-than-expected adjusted earnings and revenue for the second quarter.

The stock was down 15.3% to $18.98 in afternoon trading, on pace for the largest percent decrease since May 2023. Shares have fallen more than 12% over the past 12 months.

The Charlotte, N.C.-based healthcare improvement technology company guided for full-year revenue of $940 million to $1.01 billion amid challenges in its performance services segment. It had most recently expected revenue of $930 million to $1.02 billion.

The company raised its adjusted per-share earnings outlook to $1.26 to $1.34 a share from $1.16 to $1.28 a share previously to reflect the impact of the additional $200 million stock buyback completed in early January.

Premier's outlook comes as it swings to a loss in the second quarter ended Dec. 31.

The company posted a net loss of $96 million, or $1.01 a share, compared with a profit of $54.3 million, or 45 cents a share, for the same period a year earlier.

Stripping out one-time items, the company's earnings came in at 25 cents. Analysts polled by FactSet had forecast higher adjusted earnings of 30 cents a share.

Quarterly revenue fell 14% to $240.3 million, missing the $243.2 million expected by Wall Street.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

February 04, 2025 14:08 ET (19:08 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2509493533"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2509493533\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2509493533?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-05 03:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2509493533","market":"sg","top_or_hot":-1,"title":"Premier Shares Fall 15% on Cut to Top End of FY Revenue Guidance","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Sabela Ojea \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares of Premier on Tuesday dropped after the company cut the top end of its revenue outlook for fiscal 2025 and posted lower-than-expected adjusted earnings and revenue for the second quarter. \n</p>\n<p>\n  The stock was down 15.3% to $18.98 in afternoon trading, on pace for the largest percent decrease since May 2023. Shares have fallen more than 12% over the past 12 months. \n</p>\n<p>\n  The Charlotte, N.C.-based healthcare improvement technology company guided for full-year revenue of $940 million to $1.01 billion amid challenges in its performance services segment. It had most recently expected revenue of $930 million to $1.02 billion. \n</p>\n<p>\n  The company raised its adjusted per-share earnings outlook to $1.26 to $1.34 a share from $1.16 to $1.28 a share previously to reflect the impact of the additional $200 million stock buyback completed in early January. \n</p>\n<p>\n  Premier's outlook comes as it swings to a loss in the second quarter ended Dec. 31. \n</p>\n<p>\n  The company posted a net loss of $96 million, or $1.01 a share, compared with a profit of $54.3 million, or 45 cents a share, for the same period a year earlier. \n</p>\n<p>\n  Stripping out one-time items, the company's earnings came in at 25 cents. Analysts polled by FactSet had forecast higher adjusted earnings of 30 cents a share. \n</p>\n<p>\n  Quarterly revenue fell 14% to $240.3 million, missing the $243.2 million expected by Wall Street. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 04, 2025 14:08 ET (19:08 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Premier Shares Fall 15% on Cut to Top End of FY Revenue Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPremier Shares Fall 15% on Cut to Top End of FY Revenue Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-05 03:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Sabela Ojea \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares of Premier on Tuesday dropped after the company cut the top end of its revenue outlook for fiscal 2025 and posted lower-than-expected adjusted earnings and revenue for the second quarter. \n</p>\n<p>\n  The stock was down 15.3% to $18.98 in afternoon trading, on pace for the largest percent decrease since May 2023. Shares have fallen more than 12% over the past 12 months. \n</p>\n<p>\n  The Charlotte, N.C.-based healthcare improvement technology company guided for full-year revenue of $940 million to $1.01 billion amid challenges in its performance services segment. It had most recently expected revenue of $930 million to $1.02 billion. \n</p>\n<p>\n  The company raised its adjusted per-share earnings outlook to $1.26 to $1.34 a share from $1.16 to $1.28 a share previously to reflect the impact of the additional $200 million stock buyback completed in early January. \n</p>\n<p>\n  Premier's outlook comes as it swings to a loss in the second quarter ended Dec. 31. \n</p>\n<p>\n  The company posted a net loss of $96 million, or $1.01 a share, compared with a profit of $54.3 million, or 45 cents a share, for the same period a year earlier. \n</p>\n<p>\n  Stripping out one-time items, the company's earnings came in at 25 cents. Analysts polled by FactSet had forecast higher adjusted earnings of 30 cents a share. \n</p>\n<p>\n  Quarterly revenue fell 14% to $240.3 million, missing the $243.2 million expected by Wall Street. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 04, 2025 14:08 ET (19:08 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PINC","symbol_name":"Premier Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2509493533","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509493533","pubTimestamp":1738696080,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Premier on Tuesday dropped after the company cut the top end of its revenue outlook for fiscal 2025 and posted lower-than-expected adjusted earnings and revenue for the second quarter.The stock was down 15.3% to $18.98 in afternoon trading, on pace for the largest percent decrease since May 2023. Shares have fallen more than 12% over the past 12 months.The Charlotte, N.C.-based healthcare improvement technology company guided for full-year revenue of $940 million to $1.01 billion amid challenges in its performance services segment. It had most recently expected revenue of $930 million to $1.02 billion.The company raised its adjusted per-share earnings outlook to $1.26 to $1.34 a share from $1.16 to $1.28 a share previously to reflect the impact of the additional $200 million stock buyback completed in early January.Premier's outlook comes as it swings to a loss in the second quarter ended Dec. 31.The company posted a net loss of $96 million, or $1.01 a share, compared with a ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PINC":"Premier Inc."},"translate_title":"Premier股价因下调至财年收入指引上限而下跌15%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PINC":0.9},"content_text":"By Sabela Ojea \n\n\n \n\n\n  Shares of Premier on Tuesday dropped after the company cut the top end of its revenue outlook for fiscal 2025 and posted lower-than-expected adjusted earnings and revenue for the second quarter. \n\n\n  The stock was down 15.3% to $18.98 in afternoon trading, on pace for the largest percent decrease since May 2023. Shares have fallen more than 12% over the past 12 months. \n\n\n  The Charlotte, N.C.-based healthcare improvement technology company guided for full-year revenue of $940 million to $1.01 billion amid challenges in its performance services segment. It had most recently expected revenue of $930 million to $1.02 billion. \n\n\n  The company raised its adjusted per-share earnings outlook to $1.26 to $1.34 a share from $1.16 to $1.28 a share previously to reflect the impact of the additional $200 million stock buyback completed in early January. \n\n\n  Premier's outlook comes as it swings to a loss in the second quarter ended Dec. 31. \n\n\n  The company posted a net loss of $96 million, or $1.01 a share, compared with a profit of $54.3 million, or 45 cents a share, for the same period a year earlier. \n\n\n  Stripping out one-time items, the company's earnings came in at 25 cents. Analysts polled by FactSet had forecast higher adjusted earnings of 30 cents a share. \n\n\n  Quarterly revenue fell 14% to $240.3 million, missing the $243.2 million expected by Wall Street. \n\n\n \n\n\n  Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 04, 2025 14:08 ET (19:08 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}