CERN
$71.81
Cerner
($.06)
(.08%)
Earnings Details
2nd Quarter June 2021
Friday, July 30, 2021 7:30:00 AM
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Summary

Cerner Misses

Cerner (CERN) reported 2nd Quarter June 2021 earnings of $0.76 per share on revenue of $1.5 billion. The consensus earnings estimate was $0.75 per share on revenue of $1.4 billion. The Earnings Whisper number was $0.78 per share. Revenue grew 9.4% on a year-over-year basis.

The company said it expects third quarter non-GAAP earnings of $0.81 to $0.83 per share on revenue of approximately $1.45 billion. The current consensus earnings estimate is $0.82 per share on revenue of $1.48 billion for the quarter ending September 30, 2021. The company said it expects 2021 non-GAAP earnings of approximately $3.25 per share on revenue of approximately $5.78 billion. The company's previous guidance was earnings of more than $3.20 per share and the current consensus earnings estimate is $3.23 per share on revenue of $5.80 billion for the year ending December 31, 2021.

Cerner Corp is a supplier of health care information technology, and offers software, professional services, medical device integration, remote hosting and employer health and wellness services.

Results
Reported Earnings
$0.76
Earnings Whisper
$0.78
Consensus Estimate
$0.75
Reported Revenue
$1.46 Bil
Revenue Estimate
$1.44 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Cerner Reports Second Quarter 2021 Results

Delivers Strong Results Across All Key Metrics
GAAP Operating Margin and Diluted EPS Lower Due to Restructuring Charges
Strong Adjusted Operating Margin Expansion and Adjusted Diluted EPS Growth vs. Year Ago Quarter

KANSAS CITY, Mo., July 30, 2021 (GLOBE NEWSWIRE) -- Cerner Corporation (Nasdaq: CERN) today announced results for the 2021 second quarter that ended June 30, 2021.

The second quarter 2021 earnings release can be viewed here as well as on the company’s website at https://investors.cerner.com/financial-releases.

Cerner will host an earnings conference call to provide additional detail on the Company’s results and outlook at 8 a.m. CT on July 30, 2021. On the call, Cerner will discuss its results and answer questions from the investment community. The call may also include discussion of Cerner developments, and forward-looking and other material information about business and financial matters. The dial-in number for the conference call is (678) 509-7542; the passcode is Cerner. Cerner recommends joining the call 15 minutes early for registration.

An audio webcast will be available live and archived on the Investor Relations page of Cerner’s website at https://investors.cerner.com/events-and-presentations.

What: Cerner Second Quarter 2021 Earnings Conference Call Webcast
When: Friday, July 30, 2021
Time: 8 a.m. Central Time
Financial Results: https://investors.cerner.com/financial-releases
Webcast: https://investors.cerner.com/events-and-presentations

Investor Contact: Allan Kells, (816) 201-2445, akells@cerner.com
Media Contact: Stephanie Greenwood, (816) 201-2137, Stephanie.Greenwood@cerner.com


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Source: Cerner Corporation