06:47 AM EST, 11/05/2024 (MT Newswires) -- Premier (PINC) reported fiscal Q1 adjusted earnings Tuesday of $0.34 per share, down from $0.47 a year earlier.

Analysts polled by Capital IQ expected $0.25.

Revenue for the quarter ended Sept. 30 was $248.1 million, down from $269 million a year earlier.

Analysts surveyed by Capital IQ expected $232.8 million.

The company reiterated its fiscal 2025 guidance of $1.16 to $1.28 in adjusted EPS and $930 million to $1.02 billion in revenue, excluding Contigo Health. Analysts polled by Capital IQ expect $1.21 in adjusted EPS on revenue of $977.5 million.

Price: 19.60, Change: -0.51, Percent Change: -2.54