Cerner Reports Third Quarter 2015 Results

Cerner (CERN) PT Cut to $75 at UBS on Mixed Outlook

UBS analyst Steven Valiquette reiterated a Buy rating but lowered his price target on Cerner (NASDAQ: CERN) to $75.00 (from $80.00) following Q3 results which also included a mixed outlook.

commented, "While the local Royals just won the World Series, Kansas City... More

Cerner (CERN) Numbers Cut at Piper Jaffray But Remains Positive on 'High Quality Bookings Beat'

Piper Jaffray analyst Sean Wieland cut estimates and his price target on Cerner (NASDAQ: CERN) to $82.00 (from $87.00) but maintained an Overweight rating. While revenue was weak, high quality bookings keeps them positive.

Wieland commented, "The dog ate their homework again on revenue, but... More

Cerner's (CERN) Reports In-Line EPS Due to Better Than Expected GM and Tax; Cowen Cuts Price Target to $70

Cowen maintained an Outperform rating on Cerner (NASDAQ: CERN), and cut the price target to $70.00 (from $76.00), following the company's 3Q earnings report. CERN reported 3Q15 revenues of $1.13B which was below consensus of $1.17B and guidance of $1.15B-$1.20B. However, adjusted EPS of $0.54 was... More

Leerink Partners Maintains Bullish View on Cerner (CERN) Despite Revenue Weakness and Disappointing Guidance

Leerink Partners analyst David Larsen maintained an Outperform rating and $80 price target on Cerner (NASDAQ: CERN) following Q3 results which showed record bookings but revenue weakness and disappointing guidance.

Larsen commented, "This afternoon CERN reported 3Q:15 results with total revenue of $1,128M... More

Cerner (CERN) Reports In-Line Q3 EPS, Offers Q4 and FY16 Guidance

Cerner (NASDAQ: CERN) reported Q3 EPS of $0.54, in-line with the analyst estimate of $0.54. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.17 billion.

Cerner sees Q4 2015 EPS of $0.56-$0.58, versus the consensus of $0.61. Cerner sees Q4 2015 revenue of $1.15-1.20 billion, versus the... More