Cerner Earnings Preview: Can This Streak Continue?

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Cerner (NASDAQ:CERN) will report earnings after markets close on Thursday, July 25th. Cerner Corporation is a worldwide supplier of healthcare solutions and services. The Company’s Solutions are designed to optimize clinical and financial outcomes for healthcare organizations ranging from single-doctor practices, to health systems, to entire countries, for the pharmaceutical and medical device industries, and for the healthcare commerce system.

Here is your Cheat Sheet to Cerner Earnings:

Earnings Expectations: Analysts expect earnings of $0.34 per share on revenues of $725.71 million. Currently, the company’s P/E ratio stands at 41.92.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.36 and has not changed. For the current year, the average estimate is a profit of $1.41, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Cerner has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,676 1,672 1,850 2,203 2,665
Diluted EPS ($) 0.56 0.58 0.69 0.88 1.13

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 637.36 676.48 710.38 680.03
Diluted EPS ($) 0.28 0.28 0.31 0.31

Past Performance:
Cerner has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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