Investing.com - Premier Inc reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Premier Inc announced earnings per share of $0.36 on revenue of $313.88M. Analysts polled by Investing.com anticipated EPS of $0.59 on revenue of $328.24M.
Premier Inc shares are down 3.24% from the beginning of the year, still down 17.25% from its 52 week high of $42.15 set on November 3, 2021.
Premier Inc follows other major Healthcare sector earnings this month
Premier Inc's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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