Cerner Corp Q3 adjusted earnings Inline With Estimates

(RTTNews) - Cerner Corp (CERN) revealed earnings for third quarter that fell from the same period last year.

The company's bottom line came in at $81.94 million, or $0.26 per share. This compares with $169.38 million, or $0.51 per share, in last year's third quarter.

Excluding items, Cerner Corp reported adjusted earnings of $211.66 million or $0.66 per share for the period.

Analysts had expected the company to earn $0.66 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.7% to $1.43 billion from $1.34 billion last year.

Cerner Corp earnings at a glance:

-Earnings (Q3): $211.66 Mln. vs. $209.45 Mln. last year. -EPS (Q3): $0.66 vs. $0.63 last year. -Analysts Estimate: $0.66 -Revenue (Q3): $1.43 Bln vs. $1.34 Bln last year.

-Guidance: Next quarter EPS guidance: $0.73 - $0.75 Next quarter revenue guidance: $1.410 - $1.460 Bln