Published on 22 Apr 2022 on Zacks via Yahoo Finance
Cerner (CERN) Gains As Market Dips: What You Should Know
Cerner (CERN) closed at $93.70 in the latest trading session, marking a +0.39% move from the prior day. The stock outpaced the S&P 500's daily loss of 2.77%. Elsewhere, the Dow lost 2.82%, while the tech-heavy Nasdaq lost 0.83%.
Heading into today, shares of the health care information technology company had lost 0.33% over the past month, lagging the Medical sector's loss of 0.16% and outpacing the S&P 500's loss of 1.35% in that time.
Cerner will be looking to display strength as it nears its next earnings release. In that report, analysts expect Cerner to post earnings of $0.89 per share. This would mark year-over-year growth of 17.11%. Meanwhile, our latest consensus estimate is calling for revenue of $1.47 billion, up 5.65% from the prior-year quarter.