Cerner 2Q Earnings Pregame Scorecard

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Last quarter Cerner (NASDAQ:CERN) topped estimates by 4 cents per share, and it is scheduled to report again on Thursday.

Expectations

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Analysts currently expect Cerner to come in with earnings of 51 cents per share on revenues of $638.1 million. Analyst estimates range from earnings per share to earnings per share. The average estimate has shown no movement over the last three months.

Stock Movement

The stock fell $7.21 per share between June 19, 2012 and June 21, 2012. Looking at change over the last three months, from April 25, 2012 and July 20, 2012, the stock price is up $4.26 (5.9%), from $72.76 to $77.02.

Company Fundamental Trends

Stock Ratings

Analysts are bullish on the stock as 11 analysts rate it as a buy and only one analyst rate it as a sell. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Last Quarter's Results

In the first quarter, profit rose 37.4% to $88.7 million (51 cents a share) from $64.6 million (38 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 30.4% to $641.2 million from $491.7 million.

Summary

Reporting Period: 2Q

Date of Release: Thursday, July 26, 2012

EPS: 51 cents

Revenue Estimate: $638.1 million

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)