Premier Reports Q1 Adj. EPS Of $0.33; Affirms FY15 Guidance - Quick Facts

(RTTNews) - Premier, Inc. (PINC) reported first-quarter net income attributable to shareholders of $9.27 million, compared to a loss of $476 thousand, prior year. After adjustment of redeemable limited partners' capital to redemption amount, the company reported a net loss to shareholders of $373.4 million or $11.53 per share. Adjusted earnings per share was $0.33, for the quarter.

On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of $0.32 for the quarter. Analysts' estimates typically exclude special items.

Revenue decreased to $229.3 million from $240.6 million last year. Analysts expected revenue of $228.0 million for the quarter.

The company affirmed full-year fiscal 2015 financial guidance. Total net revenue is expected to be in the range of $969.0 million to $995.0 million. Non-GAAP adjusted fully distributed EPS is expected to be in the range of $1.39 to $1.44. Analysts expect the company to report full year earnings per share of $1.42 on revenue of $982.10 million.