Cerner Corporation (NASDAQ:CERN) is set to announce second quarter earning results on Wednesday 29th July 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, CERN to report 2Q20 income of $ 0.61 per share.
For the full year, analysts anticipate top line of $ 5609.35 million, while looking forward to income of $ 2.83 per share bottom line.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 1,340.00 million ~ $ 1,390.00 million
Full Year 2020 topline are forecasted in a range of$ 5,550.00 million ~ $ 5,700.00 million, where as bottomline are predicted in a range of $ 2.78 ~ $ 2.90 per share
Click Here For More Historical Outlooks Of Cerner Corporation
Previous Quarter Performance
Cerner Corporation reported income for the first quarter of $ 0.71 per share, from the revenue of $ 1,412.00 million. The quarterly earnings enlarged 16.39 percent while revenues improved 1.59 percent compared with the same quarter last year.
Wall street analysts are predicting, CERN to report 1Q20 income of $ 0.70 per share from revenue of $ 1433.48 million. The bottom line results beat street analysts by $ 0.01 or 1.43 percent, at the same time, top line results fell short of analysts by $ 21.48 million or 1.5 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Cerner Corporation
Stock Performance
According to the previous trading day, closing price of CERN was $ 71.14, representing a 34.02 % increase from the 52 week low of $ 53.08 and a 12.06 % decrease over the 52 week high of $ 80.90.
The company has a market capital of $ 21.65 billion and is part of the Technology sector and Health Information Services industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”CERN” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Analyst recommendations
- On 7th July 2020, initiated by Stephens at Equal-Weight rating, with $ 75.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.18 per share on May 22, 2020. The dividend were payable on July 17, 2020 to holders of record as of the close of business on June 5, 2020 and ex-dividend date on June 4, 2020.
Conference Call
Cerner Corporation will be hosting a conference call at 4:30 PM eastern time on 29th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.cerner.com
Cerner Corporation provides health care information technology solutions and tech-enabled services in the United States and internationally. The company offers Cerner Millennium architecture, a person-centric computing framework, which includes clinical, financial, and management information systems that allow providers to access an individuals electronic health record (EHR) at the point of care, and organizes and delivers information for physicians, nurses, laboratory technicians, pharmacists, front- and back-office professionals, and consumers. It also provides HealtheIntent platform, a cloud-based platform to aggregate, transform, and reconcile data across the continuum of care; and EHR agnostic platform, CareAware that facilitates connectivity of health care devices to EHRs.
