NASDAQ$PINC

Premier Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Premier's Q4 performance was consistent with expectations and demonstrated solid execution during the COVID-19 pandemic, though impacted by lower healthcare utilization and delayed decision-making.

Premier, Inc. reported an 8% increase in GAAP net revenue to $342.8 million for the fourth quarter of fiscal year 2020. Net income was $55.4 million, and adjusted fully distributed earnings per share decreased to $0.58.

  • GAAP net revenue increased by 8% to $342.8 million.
  • Supply Chain Services segment revenue increased by 14% to $258.4 million.
  • Performance Services segment revenue decreased by 5% to $84.3 million.
  • GAAP net income was $55.4 million compared to $70.2 million a year ago.

Headline financials

Total Revenue

$343M

Previous: $316M+8.4%
EPS (adj)

$0.58

Previous: $0.68-14.7%
Adjusted EBITDA

$119M

Previous: $140M-14.6%
Capital Expenditures

$25.1M

Previous: $23.3M+7.7%
Free Cash Flow

$67M

Previous: $114M-41.2%
Net Income

$55.4M

Previous: $9.67M+473.1%
Operating Income

$67.2M

Previous: $85.2M-21.1%
Gross Profit

$204M

Previous: $218M-6.2%
Cash & Equivalents

$99.3M

Previous: $141M-29.6%
Total Assets

$2.95B

Previous: $2.62B+12.4%
Stock-Based Comp

$1.66M

Previous: $8.31M-80.0%

Revenue & EPS history

Premier · Revenue · Quarterly

$343M

Q4 2020+8.4%vs Q4 2019
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Premier · $343M total across 2 segments · Q4 2020

  • Supply Chain Services
    $258M+13.8%
  • Performance Services
    $84.3M-5.5%

Forward guidance

Due to the continued uncertainty caused by the Covid-19 pandemic, Premier is currently unable to accurately estimate the effect of the pandemic on its business in fiscal year 2021. Therefore, the company is not establishing fiscal 2021 annual guidance at this time.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 2 quarterly earnings reports

Historical avg

-0.6%

Avg return

Earnings day

-0.3%

Avg return

5 days after

-0.3%

Avg return

30 days after

44%

24 / 54 earnings

Positive

+16.6%

Q1 2025

Best reaction

-18.7%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q1 2026-0.1%-0.1%
Q4 2025+7.3%+2.9%+8.1%
Q3 2025+11.8%+12.4%+12.7%
Q2 2025-14.7%-16.3%-21.7%
Q1 2025+16.6%
Q4 2024+0.4%
Q3 2024-5.4%
Q2 2024+1.3%
Q1 2024+1.1%
Q4 2023-12.0%
Q3 2023-18.7%
Q2 2023-0.2%
Q1 2023-8.4%
Q4 2022-2.1%
Q3 2022+4.3%
Q2 2022-1.8%
Q1 2022+5.4%
Q4 2021+6.6%
Q3 2021-0.5%
Q2 2021+3.6%
Q1 2021+4.7%
Q4 2020-6.9%
Q3 2020-3.5%
Q2 2020-9.4%
Q1 2020+11.6%
Q4 2019-1.7%
Q3 2019+8.4%
Q2 2019-9.4%
Q1 2019-6.8%
Q4 2018+11.2%
Q3 2018-5.3%
Q2 2018-1.2%
Q1 2018-6.0%
Q4 2017+1.4%
Q3 2017+0.4%
Q2 2017-3.4%
Q1 2017-2.6%
Q4 2016-4.9%
Q3 2016-7.0%
Q2 2016+4.6%
Q1 2016+1.1%
Q4 2015-6.4%
Q3 2015+7.2%
Q2 2015+7.7%
Q1 2015-4.5%
Q1 2013-0.8%
Q4 2012-0.8%
Q4 2014+7.8%
Q3 2013-7.9%
Q3 2014+1.0%
Q4 2013-3.4%
Q2 2013-3.4%
Q2 2014+1.8%
Q1 2014+0.1%

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