Cerner Corp Q4 Earnings Advance 30%

(RTTNews) - Cerner Corp (CERN) announced a profit for its fourth quarter that increased compared to the same period last year.

The company said its bottom line came in at $212.32 million, or $0.61 per share. This was up from $163.12 million, or $0.47 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.57 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 26.9% to $1.18 billion. This was up from $0.93 billion last year.

Cerner Corp earnings at a glance:

-Earnings (Q4): $212.32 Mln. vs. $163.12 Mln. last year. -Earnings Growth (Y-o-Y): 30.2% -EPS (Q4): $0.61 vs. $0.47 last year. -EPS Growth (Y-o-Y): 29.8% -Analysts Estimate: $0.57 -Revenue (Q4): $1.18 Bln vs. $0.93 Bln last year. -Revenue Change (Y-o-Y): 26.9%

-Guidance: Next quarter EPS guidance: $0.52 - $0.54 Next quarter revenue guidance: $1.15 - $1.20 Bln