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Cerner Earnings beat, Revenue misses In Q1

Published 2021-05-05, 07:45 a/m
© Reuters.  Cerner Earnings beat, Revenue misses In Q1
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Investing.com - Cerner (NASDAQ:CERN) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Cerner announced earnings per share of $0.76 on revenue of $1.39B. Analysts polled by Investing.com anticipated EPS of $0.7408 on revenue of $1.4B.

Cerner shares are up 25% from the beginning of the year and are trading at $75.48 , down-from-52-week-high.They are outperforming the DAX which is up 9.85% from the start of the year.

Cerner follows other major Technology sector earnings this month

Cerner's report follows an earnings beat by Apple on Wednesday, April 28, 2021, who reported EPS of $1.4 on revenue of $89.58B, compared to forecasts EPS of $0.9864 on revenue of $77.09B.

Microsoft had beat expectations on Tuesday, April 27, 2021 with third quarter EPS of $1.95 on revenue of $41.71B, compared to forecast for EPS of $1.78 on revenue of $41.04B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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