Cerner Corp Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Cerner Corp (NASDAQ:CERN) will unveil its latest earnings on Tuesday, February 7, 2012. Cerner Corporation designs and supports healthcare devices, healthcare information technology, and content solutions for organizations and consumers.

Cerner Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 50 cents per share, a rise of 22% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 25.2% versus last year to $1.74.

Past Earnings Performance: Last quarter, the company saw net income of 45 cents per share versus a mean estimate of profit of 45 cents per share. This comes after two consecutive quarters of exceeding expectations.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 17.3% in revenue from the year-earlier quarter to $586.8 million.

Analyst Ratings: Analysts are bullish on this stock with 12 analysts rating it as a buy, one rating it as a sell and five rating it as a hold.

A Look Back: In the third quarter, profit rose 29.5% to $78.8 million (45 cents a share) from $60.9 million (36 cents a share) the year earlier, meeting analyst expectations. Revenue rose 23.5% to $571.6 million from $462.7 million.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose 29.9% in the second quarter and 28.4% in the first quarter.

Revenue has risen the past four quarters. Revenue rose 15% in the second quarter from the year earlier, climbed 14% in the first quarter from the year-ago quarter and 7.3% in the fourth quarter of the last fiscal year.

Stock Price Performance: During November 3, 2011 to February 1, 2012, the stock price had fallen $2.49 (-3.9%) from $63.90 to $61.41. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine-straight days, rising 10.8% (+$6.27) over that span. It saw one of its worst periods between October 24, 2011 and November 1, 2011 when shares fell for seven-straight days, falling 9.2% (-$6.32) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com