Cerner Earnings, Revenue beat in Q4 By Investing.com

Cerner (NASDAQ:CERN) reported on Wednesday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Cerner announced earnings per share of $0.78 on revenue of $1.40B. Analysts polled by Investing.com anticipated EPS of $0.7799 on revenue of $1.39B.

Cerner shares are up 0.65% from the beginning of the year and are trading at $78.99 , down-from-52-week-high.They are under-performing the S&P 500 which is up 4.1% from the start of the year.

Cerner follows other major Technology sector earnings this month

Cerner’s report follows an earnings beat by Apple on January 27, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.42 on revenue of $103.27B.

Microsoft had beat expectations on January 26 with second quarter EPS of $2.03 on revenue of $43.08B, compared to forecast for EPS of $1.64 on revenue of $40.22B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar