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Cerner: 4Q Earnings Snapshot

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NORTH KANSAS CITY, Mo. (AP) _ Cerner Corp. (CERN) on Wednesday reported fourth-quarter earnings of $141.5 million.

The North Kansas City, Missouri-based company said it had profit of 46 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 78 cents per share.

The results met Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was also for earnings of 78 cents per share.

The health care information technology company posted revenue of $1.4 billion in the period, which beat Street forecasts. Nine analysts surveyed by Zacks expected $1.39 billion.

For the year, the company reported profit of $780.1 million, or $2.52 per share. Revenue was reported as $5.51 billion.

For the current quarter ending in April, Cerner expects its per-share earnings to range from 72 cents to 76 cents.

The company said it expects revenue in the range of $1.37 billion to $1.42 billion for the fiscal first quarter. Analysts surveyed by Zacks had expected revenue of $1.41 billion.

Cerner expects full-year earnings in the range of $3.10 to $3.20 per share, with revenue ranging from $5.75 billion to $5.95 billion.

Cerner shares have increased nearly 1% since the beginning of the year, while the Standard & Poor's 500 index has climbed 4%. In the final minutes of trading on Wednesday, shares hit $79, a fall of nearly 1% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CERN at https://www.zacks.com/ap/CERN