Are You Expecting This From Cerner?
Cerner (NAS: CERN) is expected to report Q2 earnings on July 26. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Cerner's revenues will expand 21.5% and EPS will increase 22.7%.
The average estimate for revenue is $636.7 million. On the bottom line, the average EPS estimate is $0.54.
Last quarter, Cerner booked revenue of $641.2 million. GAAP reported sales were 31% higher than the prior-year quarter's $481.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.54. GAAP EPS of $0.51 for Q1 were 38% higher than the prior-year quarter's $0.37 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 76.7%, 660 basis points worse than the prior-year quarter. Operating margin was 20.2%, 70 basis points better than the prior-year quarter. Net margin was 14.1%, 70 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.62 billion. The average EPS estimate is $2.31.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 393 members out of 438 rating the stock outperform, and 45 members rating it underperform. Among 128 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 117 give Cerner a green thumbs-up, and 11 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cerner is outperform, with an average price target of $74.41.
- Add Cerner to My Watchlist.
The article Are You Expecting This From Cerner? originally appeared on Fool.com.Seth Jaysonhad no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.