Cerner Earnings Beat, Revenue Misses In Q1
2022.05.03 19:06
Cerner Earnings Beat, Revenue Misses In Q1
Investing.com – Cerner (NASDAQ:CERN) reported on Tuesday first quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.
Cerner announced earnings per share of $0.89 on revenue of $1.43B. Analysts polled by Investing.com anticipated EPS of $0.8715 on revenue of $1.47B.
Cerner shares are up 1.24% from the beginning of the year, still down 0.16% from its 52 week high of $94.17 set on May 3. They are outperforming the Nasdaq which is down 19.45% from the start of the year.
Cerner shares gained 0.21% in intra-day trade following the report.
Cerner follows other major Healthcare sector earnings this month
Cerner’s report follows an earnings beat by J&J on April 19, who reported EPS of $2.67 on revenue of $23.43B, compared to forecasts EPS of $2.59 on revenue of $23.62B.
UnitedHealth had beat expectations on April 14 with first quarter EPS of $5.49 on revenue of $80.15B, compared to forecast for EPS of $5.36 on revenue of $78.73B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
