Cerner (CERN) Tops Q2 EPS by 2c; Narrows FY EPS Outlook

Cerner (NASDAQ: CERN) reported Q2 EPS of $0.63, $0.02 better than the analyst estimate of $0.61. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.36 billion.

GUIDANCE:

Cerner sees Q3 2020 EPS of $0.70-$0.74, versus the consensus of $0.70. Cerner sees Q3 2020 revenue of $1.35-1.4 billion, versus the consensus of $1.39 billion.

Cerner sees FY2020 EPS of $2.80-$2.88, versus prior of $2.78-$2.90 and the consensus of $2.83. Cerner sees FY2020 revenue of $5.45-5.55 billion, versus the consensus of $5.61 billion.

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

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