Cerner (CERN) Tops Q1 EPS by 1c, Lowers Guidance

Cerner (NASDAQ: CERN) reported Q1 EPS of $0.71, $0.01 better than the analyst estimate of $0.70. Revenue for the quarter came in at $1.41 billion versus the consensus estimate of $1.43 billion.

GUIDANCE:

Cerner sees Q2 2020 EPS of $0.60-$0.64, versus the consensus of $0.74. Cerner sees Q2 2020 revenue of $1.34-1.39 billion, versus the consensus of $1.44 billion.

Cerner sees FY2020 EPS of $2.78-$2.90, versus the consensus of $3.10. Cerner sees FY2020 revenue of $5.55-5.7 billion, versus the consensus of $5.84 billion.

For earnings history and earnings-related data on Cerner (CERN) click here.

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