CERN
$78.53
Cerner
($.23)
(.29%)
Earnings Details
1st Quarter March 2021
Wednesday, May 5, 2021 7:35:00 AM
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Summary

Cerner Revises Guidance with Earnings Above Estimates

Cerner (CERN) reported 1st Quarter March 2021 earnings of $0.64 per share on revenue of $1.4 billion. The consensus earnings estimate was $0.64 per share on revenue of $1.4 billion. Revenue fell 1.7% compared to the same quarter a year ago.

The company said it now expects 2021 earnings of more than $3.20 per share on revenue of approximately $5.78 billion. The company's previous guidance was earnings of $3.10 to $3.20 per share on revenue of $5.75 billion to $5.95 billion and the current consensus earnings estimate is $3.16 per share on revenue of $5.82 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
$0.64
Earnings Whisper
-
Consensus Estimate
$0.64
Reported Revenue
$1.39 Bil
Revenue Estimate
$1.40 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Cerner Reports First Quarter 2021 Results, Updates Guidance, Expands Capital Return Program and Commences CEO Succession

Increased 2021 Earnings Outlook on Strong Margin Expansion
Board Authorizes New $3.75 Billion Share Repurchase Program

Brent Shafer and Board Agree to Begin Search for Company’s Next CEO
Shafer Expected to Continue to Serve Until Successor Appointed

KANSAS CITY, Mo., May 05, 2021 (GLOBE NEWSWIRE) -- Cerner Corporation (Nasdaq: CERN), a global healthcare technology company, today announced results for the 2021 first quarter that ended March 31, 2021, and other news.  

The first quarter 2021 earnings release and announcements 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. CDT on May 5, 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 Cerner’s Investor Relations website at https://investors.cerner.com/events-and-presentations.

What: Cerner First Quarter 2021 Earnings Conference Call Webcast
When: Wed., May 5, 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: Misti Preston, (816) 299-2037, misti.preston@cerner.com 


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Source: Cerner Corporation