Cerner Reports Third Quarter 2016 Results

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Leerink Partners Remains Bullish on Cerner (CERN) Following Weak 3Q Report

November 2, 2016 7:46 AM EDT

Leerink Partners maintained an Outperform rating on Cerner (NASDAQ: CERN), and cut the price target to $65.00 (from $70.00), following the company's 3Q earnings report. CERN reported adjusted EPS of $0.59 compared to the consensus of $0.60. Revenue of $1.185B missed the consensus estimate of $1.244B.... More

Baird Downgrades Cerner (CERN) to Neutral

November 2, 2016 6:41 AM EDT

Baird downgraded Cerner (NASDAQ: CERN) from Outperform to Neutral with a price target of $58.00 (from $68.00).

For an analyst ratings summary and ratings history on Cerner click here. For more ratings news on Cerner click here.

Shares of Cerner closed at $57.34 yesterday.

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Cerner (CERN) Misses Q3 EPS by 1c, Offers Q4 & FY17 Guidance

November 1, 2016 4:09 PM EDT

Cerner (NASDAQ: CERN) reported Q3 EPS of $0.59, $0.01 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $1.19 billion versus the consensus estimate of $1.24 billion.

GUIDANCE:

Cerner sees Q4 2016 EPS of $0.60-$0.62, versus the consensus of $0.65. Cerner sees Q4... More