CERN
$48.27
Cerner
$.19
.40%

Earnings History

Earnings
Revenue
Reaction
Drift
In-line Guidance
Q 03/2012
2/7/2012
4:01:08 PM
$0.48 to $0.50
$0.49
$565.2 mill
13.3%
3.6%
Guidance:
Consensus:
Cerner Guides In-line

Cerner Corp. said it expects first quarter non-GAAP earnings of $0.48 to $0.50 per share on revenue of $565.0 million to $585.0 million. The current consensus earnings estimate is $0.49 per share on revenue of $565.2 million for the quarter ending March 31, 2012. The company said it expects 2012 earnings of $2.20 to $2.30 per share on revenue of $2.425 billion to $2.50 billion. The current consensus earnings estimate is $2.25 per share on revenue of $2.46 billion for the year ending December 31, 2012.
Raises Guidance In-line with Estimates
FY 2012
4/26/2012
4:01:48 PM
$2.25 to $2.32
$2.525 bil to $2.60 bil
$2.28
$2.50 bil
5.0%
4.5%
Guidance:
Consensus:
Cerner Raises Guidance, but Remains In-line with Estimates

Cerner Corp. said it expects second quarter earnings of $0.52 to $0.54 per share on revenue of $620.0 million to $640.0 million. The current consensus earnings estimate is $0.54 per share on revenue of $605.2 million for the quarter ending June 30, 2012. The company said it expects 2012 earnings of $2.25 to $2.32 per share on revenue of $2.525 billion to $2.60 billion. The company's previous guidance was earnings of $2.20 to $2.30 per share on revenue of $2.425 billion to $2.50 billion and the current consensus earnings estimate is $2.28 per share on revenue of $2.50 billion for the year ending December 31, 2012.
Raises Guidance In-line with Estimates
FY 2012
7/26/2012
4:01:05 PM
$2.32 to $2.36
$2.575 bil to $2.625 bil
$2.32
$2.62 bil
-5.5%
-0.4%
Guidance:
Consensus:
Cerner Raises Guidance, but Remains In-line with Estimates

Cerner Corp. said it expects third quarter non-GAAP earnings of $0.57 to $0.59 per share on revenue of $635.0 million to $655.0 million. The current consensus earnings estimate is $0.59 per share on revenue of $653.0 million for the quarter ending September 30, 2012. The company said it expects 2012 earnings of $2.32 to $2.36 per share on revenue of $2.575 billion to $2.625 billion. The company's previous guidance was earnings of $2.25 to $2.32 per share on revenue of $2.525 billion to $2.60 billion and the current consensus earnings estimate is $2.32 per share on revenue of $2.62 billion for the year ending December 31, 2012.
In-line Guidance
Q 12/2012
10/25/2012
4:01:11 PM
$0.62 to $0.64
$0.64
$688.5 mill
13.0%
-0.5%
Guidance:
Consensus:
Cerner Guides In-line

Cerner Corp. said it expects fourth quarter earnings of $0.62 to $0.64 per share, excluding stock-option expense, on revenue of $670.0 million to $700.0 million. The current consensus earnings estimate is $0.64 per share on revenue of $688.5 million for the quarter ending December 31, 2012.
In-line Guidance
FY 2013
2/5/2013
4:01:19 PM
$2.75 to $2.82
2.2%
0.0%
Guidance:
Consensus:
Cerner Guides In-line

Cerner Corp. said it expects first quarter non-GAAP earnings of $0.61 to $0.63 per share on revenue of $690.0 million to $715.0 million. The current consensus earnings estimate is $0.63 per share on revenue of $699.3 million for the quarter ending March 31, 2013. The company said it expects 2013 earnings of $2.75 to $2.82 per share on revenue of $2.95 billion to $3.05 billion. The current consensus earnings estimate is $2.78 per share on revenue of $2.98 billion for the year ending December 31, 2013.
Updates Guidance
FY 2013
4/25/2013
4:01:05 PM
$2.78 to $2.83
$2.95 bil to $3.05 bil
$2.80
$3.01 bil
4.6%
1.8%
Guidance:
Consensus:
Cerner Updates Guidance

Cerner Corp. said it expects second quarter non-GAAP earnings of $0.66 to $0.68 per share on revenue of $705.0 million to $735.0 million. The current consensus earnings estimate is $0.68 per share on revenue of $730.2 million for the quarter ending June 30, 2013. The company also said it now expects 2013 earnings of $2.78 to $2.83 per share and continues to expect revenue of $2.95 billion to $3.05 billion. The company's previous guidance was earnings of $2.75 to $2.82 per share and the current consensus earnings estimate is $2.80 per share on revenue of $3.01 billion for the year ending December 31, 2013.
Narows Guidance
FY 2013
7/25/2013
4:01:07 PM
$1.40 to $1.42
$2.95 bil to $3.05 bil
$1.41
$2.99 bil
-2.0%
2.2%
Guidance:
Consensus:
Cerner Narrows Guidance

Cerner Corp. said it expects third quarter earnings of $0.35 to $0.36 per share on revenue of $740.0 million to $770.0 million. The current consensus earnings estimate is $0.36 per share on revenue of $768.5 million for the quarter ending September 30, 2013. The company said it now expects 2013 earnings of $1.40 to $1.42 per share and continues to expect revenue of $2.95 billion to $3.05 billion. The company's previous guidance was earnings of $1.39 to $1.42 per share and the current consensus earnings estimate is $1.41 per share on revenue of $2.99 billion for the year ending December 31, 2013.
In-line Guidance
Q 12/2013
10/24/2013
4:01:08 PM
$0.38 to $0.39
$0.39
$811.9 mill
-2.8%
1.1%
Guidance:
Consensus:
Cerner Guides In-line

Cerner Corp. said it expects fourth quarter non-GAAP earnings of $0.38 to $0.39 per share on revenue of $775.0 million to $815.0 million. The current consensus earnings estimate is $0.39 per share on revenue of $811.9 million for the quarter ending December 31, 2013.
Revises Guidance
FY 2014
4/24/2014
4:05:10 PM
$1.63 to $1.67
$3.25 bil to $3.40 bil
$1.66
$3.33 bil
-5.3%
-0.5%
Guidance:
Consensus:
Cerner Revises Guidance

Cerner Corp. said it expects second quarter earnings of $0.39 to $0.40 per share on revenue of $790.0 million to $830.0 million. The current consensus earnings estimate is $0.40 per share on revenue of $811.2 million for the quarter ending June 30, 2014. The company also said it now expects 2014 earnings of $1.63 to $1.67 per share on revenue of $3.25 billion to $3.40 billion. The company's previous guidance was earnings of $1.62 to $1.67 per share on revenue of $3.20 billion to $3.40 billion and the current consensus earnings estimate is $1.66 per share on revenue of $3.33 billion for the year ending December 31, 2014.
Narrows Guidance
FY 2014
7/24/2014
4:09:40 PM
$1.64 to $1.67
$3.30 bil to $3.40 bil
$1.66
$3.34 bil
2.2%
-2.7%
Guidance:
Consensus:
Cerner Narrows Guidance

Cerner Corp. said it expects third quarter non-GAAP earnings of $0.41 to $0.42 per share on revenue of $840.0 million to $870.0 million. The current consensus earnings estimate is $0.42 per share on revenue of $839.9 million for the quarter ending September 30, 2014. The company also said it now expects 2014 earnings of $1.64 to $1.67 per share on revenue of $3.30 billion to $3.40 billion. The company's previous guidance was earnings of $1.63 to $1.67 per share on revenue of $3.25 billion to $3.40 billion and the current consensus earnings estimate is $1.66 per share on revenue of $3.34 billion for the year ending December 31, 2014.
In-line Guidance
Q 12/2014
10/23/2014
4:02:23 PM
$0.46 to $0.47
$0.47
$904.6 mill
2.4%
5.1%
Guidance:
Consensus:
Cerner Guides In-line

Cerner Corp. said it expects fourth quarter non-GAAP earnings of $0.46 to $0.47 per share on revenue of $880.0 million to $915.0 million. The current consensus earnings estimate is $0.47 per share on revenue of $904.6 million for the quarter ending December 31, 2014.
EPS & Revenue Above Estimates
FY 2015
2/10/2015
4:08:06 PM
$2.05 to $2.15
0.4%
5.8%
Guidance:
Consensus:
Cerner Guides Above Estimates

Cerner Corp. said it expects first quarter non-GAAP earnings of $0.44 to $0.45 per share on revenue of $1.05 billion to $1.10 billion. The current consensus earnings estimate is $0.45 per share on revenue of $898.6 million for the quarter ending March 31, 2015. The company said it expects 2015 earnings of $2.05 to $2.15 per share on revenue of $4.80 billion to $5.00 billion. The current consensus earnings estimate is $1.98 per share on revenue of $3.83 billion for the year ending December 31, 2015.
Revenue Below Estimates
FY 2015
5/7/2015
4:02:31 PM
$2.07 to $2.15
$4.65 bil to $4.80 bil
$2.12
$4.92 bil
-4.5%
-5.0%
Guidance:
Consensus:
Cerner Updates Guidance with Revenue Below Estimates

Cerner Corp. said it expects second quarter non-GAAP earnings of $0.51 to $0.52 per share on revenue of $1.175 billion to $1.225 billion. The current consensus earnings estimate is $0.52 per share on revenue of $1.24 billion for the quarter ending June 30, 2015. The company said it expects 2015 earnings of $2.07 to $2.15 per share on revenue of $4.65 billion to $4.80 billion. The company's previous guidance was earnings of $2.05 to $2.15 per share on revenue of $4.80 billion to $5.00 billion and the current consensus earnings estimate is $2.12 per share on revenue of $4.92 billion for the year ending December 31, 2015.
Mixed Guidance
FY 2015
8/4/2015
4:02:30 PM
$2.09 to $2.15
$4.475 bil to $4.575 bil
$2.12
$4.72 bil
-4.3%
-4.4%
Guidance:
Consensus:
Cerner Provides Mixed Guidance

Cerner Corp. said it expects third quarter non-GAAP earnings of $0.54 to $0.55 per share on revenue of $1.15 billion to $1.20 billion. The current consensus earnings estimate is $0.55 per share on revenue of $1.22 billion for the quarter ending September 30, 2015. The company also said it expects 2015 earnings of $2.09 to $2.15 per share on revenue of $4.475 billion to $4.575 billion. The company's previous guidance was earnings of $2.07 to $2.15 per share on revenue of $4.65 billion to $4.80 billion and the current consensus earnings estimate is $2.12 per share on revenue of $4.72 billion for the year ending December 31, 2015.
EPS & Revenue Below Estimates
Q 12/2015
11/3/2015
4:01:15 PM
$0.56 to $0.58
$0.61
$1.24 bill
-6.7%
-4.1%
Guidance:
Consensus:
Cerner Guides Below Estimates

Cerner Corp. said it expects fourth quarter non-GAAP earnings of $0.56 to $0.58 per share on revenue of $1.15 billion to $1.20 billion. The current consensus earnings estimate is $0.61 per share on revenue of $1.24 billion for the quarter ending December 31, 2015. The company said it expects 2016 earnings of $2.30 to $2.40 per share on revenue of more than $5.0 billion. The current consensus earnings estimate is $2.52 per share on revenue of $5.13 billion for the year ending December 31, 2016.
Revises Revenue Guidance
FY 2016
2/16/2016
4:01:12 PM
$2.30 to $2.40
-4.8%
3.4%
Guidance:
Consensus:
Cerner Revises Revenue Guidance

Cerner Corp. said it expects first quarter non-GAAP earnings of $0.52 to $0.54 per share on revenue of $1.15 billion to $1.20 billion and continues to expect 2016 earnings of $2.30 to $2.40 per share but now expects revenue of $4.90 billion to $5.10 billion. The company's previous guidance was 2016 revenue of more than $5.0 billion. The current consensus earnings estimate is $0.54 per share on revenue of $1.18 billion for the quarter ending March 31, 2016 and $2.36 per share on revenue of $5.02 billion for the year ending December 31, 2016.
Reaffirms
FY 2016
5/5/2016
4:03:21 PM
$2.30 to $2.40
$4.90 bil to $5.10 bil
$2.35
$4.98 bil
-3.3%
-0.9%
Guidance:
Consensus:
Cerner Reaffirms

Cerner Corp. said it expects second quarter non-GAAP earnings of $0.56 to $0.58 per share on revenue of $1.175 billion to $1.25 billion. The current consensus earnings estimate is $0.58 per share on revenue of $1.24 billion for the quarter ending June 30, 2016. The company also said it continues to expect 2016 earnings of $2.30 to $2.40 per share on revenue of $4.90 billion to $5.10 billion. The current consensus earnings estimate is $2.35 per share on revenue of $4.98 billion for the year ending December 31, 2016.
Narrows Guidance
FY 2016
8/2/2016
4:01:08 PM
$2.30 to $2.40
$4.90 bil to $5.00 bil
$2.35
7.0%
5.1%
Guidance:
Consensus:
Cerner Narrows Revenue Guidance

Cerner Corp. said it expects third quarter non-GAAP earnings of $0.59 to $0.61 per share on revenue of $1.20 billion to $1.275 billion and continues to expect 2016 earnings of $2.30 to $2.40 per share but now expects revenue of $4.90 billion to $5.00 billion. The company's previous guidance was for 2016 revenue of $4.90 billion to $5.10 billion. The current consensus earnings estimate is $0.61 per share on revenue of $1.26 billion for the quarter ending September 30, 2016 and $2.35 per share on revenue of $4.95 billion for the year ending December 31, 2016.
EPS Below Estimates
Q 12/2016
11/1/2016
4:02:20 PM
$0.60 to $0.62
$0.65
$1.33 bill
-7.3%
-5.0%
Guidance:
Consensus:
Cerner Sees Fourth Quarter Below Estimates and 2017 Revenue Below Estimates

Cerner Corp. said it expects fourth quarter non-GAAP earnings of $0.60 to $0.62 per share on revenue of $1.225 billion to $1.300 billion. The current consensus earnings estimate is $0.65 per share on revenue of $1.33 billion for the quarter ending December 31, 2016. The company also said it expects 2017 earnings of $2.50 to $2.70 per share on revenue of $5.20 billion to $5.45 billion. The current consensus earnings estimate is $2.69 per share on revenue of $5.46 billion for the year ending December 31, 2017.
Date
Grade
Actual
Earnings
Whisper
Consensus
Estimate
Surprise
Growth
Gap
Drift
2/7/2012
4:01:08 PM
Dec '11
Q4 '11
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A-
EPS
Rev
$0.29
$615.63 Mil
$0.27
$0.27
$586.77 Mil
7.4%
4.9%
30.1%
23.1%
8.3%
3.6%
4/26/2012
4:01:48 PM
Mar '12
Q1 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B+
EPS
Rev
$0.26
$641.21 Mil
-
$0.24
$578.39 Mil
8.3%
10.9%
37.4%
30.4%
4.3%
4.5%
7/26/2012
4:01:05 PM
Jun '12
Q2 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$0.30
$637.36 Mil
$0.28
$0.28
$637.53 Mil
7.1%
0.0%
35.8%
21.6%
-5.2%
-0.4%
10/25/2012
4:01:11 PM
Sep '12
Q3 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$0.30
$676.48 Mil
$0.31
$0.30
$652.27 Mil
-3.2%
3.7%
25.4%
18.3%
14.1%
3.8%
2/5/2013
4:01:19 PM
Dec '12
Q4 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$0.32
$710.38 Mil
-
$0.30
$696.19 Mil
6.7%
2.0%
21.6%
15.4%
4.9%
0.0%
4/25/2013
4:01:05 PM
Mar '13
Q1 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$0.31
$680.03 Mil
-
$0.30
$708.83 Mil
3.3%
-4.1%
24.0%
6.1%
3.6%
1.8%
7/25/2013
4:01:07 PM
Jun '13
Q2 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.34
$707.56 Mil
$0.35
$0.34
$725.98 Mil
-2.9%
-2.5%
15.4%
11.0%
-1.3%
2.2%
10/24/2013
4:01:08 PM
Sep '13
Q3 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.35
$727.83 Mil
$0.38
$0.35
$756.14 Mil
-7.9%
-3.7%
16.6%
7.6%
-3.8%
1.1%
2/4/2014
10:49:54 PM
Dec '13
Q4 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.39
$795.33 Mil
$0.40
$0.37
$794.22 Mil
-2.5%
0.1%
-39.1%
12.0%
-0.5%
2.9%
4/24/2014
4:05:10 PM
Mar '14
Q1 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.37
$784.76 Mil
$0.38
$0.37
$785.85 Mil
-2.6%
-0.1%
8.6%
15.4%
-1.2%
-0.5%
7/24/2014
4:09:40 PM
Jun '14
Q2 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$0.41
$851.76 Mil
$0.41
$0.40
$813.61 Mil
-
4.7%
14.3%
20.4%
0.6%
-2.7%
10/23/2014
4:02:23 PM
Sep '14
Q3 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A-
EPS
Rev
$0.45
$840.15 Mil
$0.43
$0.42
$856.22 Mil
4.7%
-1.9%
17.0%
15.4%
0.9%
5.1%
2/10/2015
4:08:06 PM
Dec '14
Q4 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.48
$926.03 Mil
$0.48
$0.47
$904.33 Mil
-
2.4%
123.4%
16.4%
-1.0%
6.8%
5/7/2015
4:02:31 PM
Mar '15
Q1 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$0.45
$996.09 Mil
$0.46
$0.45
$1.1 Bil
-2.2%
-8.6%
22.3%
26.9%
-0.5%
-5.0%
8/4/2015
4:02:30 PM
Jun '15
Q2 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.52
$1.1 Bil
$0.53
$0.52
$1.2 Bil
-1.9%
-6.2%
31.1%
32.2%
-6.1%
-4.4%
11/3/2015
4:01:15 PM
Sep '15
Q3 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$0.55
$1.1 Bil
$0.56
$0.56
$1.2 Bil
-1.8%
-3.6%
29.7%
34.2%
-7.7%
-4.1%
2/16/2016
4:01:12 PM
Dec '15
Q4 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$0.62
$1.2 Bil
$0.58
$0.57
$1.2 Bil
6.9%
0.5%
31.1%
26.9%
-9.7%
3.4%
5/5/2016
4:03:21 PM
Mar '16
Q1 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$0.53
$1.1 Bil
$0.54
$0.53
$1.2 Bil
-1.9%
-2.7%
15.6%
14.3%
-2.2%
-0.9%
8/2/2016
4:01:08 PM
Jun '16
Q2 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.57
$1.2 Bil
$0.58
$0.57
$1.2 Bil
-1.7%
0.5%
9.1%
8.0%
2.8%
5.1%
11/1/2016
4:02:20 PM
Sep '16
Q3 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$0.59
$1.2 Bil
$0.61
$0.60
$1.3 Bil
-3.3%
-5.2%
7.7%
5.0%
-6.7%
-5.0%
EPS
Rev
-
-
-
$0.57
$1.3 Bil
-
-
-8.1%
7.2%
EPS
Rev
-
-
-
$0.55
$1.3 Bil
-
-
3.8%
10.7%
2/8/2011
$25.16
$0.70
$1.85 Bil
-
-
-
2/7/2012
$31.29
$0.88
$2.20 Bil
25.7%
19.1%
24.4%
2/5/2013
$41.80
$1.13
$2.67 Bil
28.4%
21.0%
33.6%
2/4/2014
$56.60
$1.32
$2.91 Bil
16.8%
9.2%
35.4%
2/10/2015
$67.41
$1.53
$3.40 Bil
15.9%
16.9%
19.1%
2/16/2016
$55.46
$1.97
$4.43 Bil
28.8%
30.1%
-17.7%
2/16/2017
$48.27
$2.14
$4.82 Bil
8.6%
8.9%
-13.0%
2/16/2018
$77.59
$2.39
$5.32 Bil
11.7%
10.4%
60.7%
2/16/2019
-
$2.67
-
11.7%
-
-

Price Projection

Current Value
$69
44%
Projected Price
$78
61%