On Oct. 19, Cerner
- Revenues beat the analyst consensus, but earnings missed by 7.6%.
- Net sales were up 17.3%, driven by the rapidly expanding health-care information technology market.
- Marginal growth in net income kept the EPS flat at $0.33.
- Revenue backlog was up 21% over last year.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$339 |
$345 |
$295 |
17.3% |
|
Net Profit |
-- |
$27 |
$27 |
0.6% |
|
EPS |
$0.36 |
$0.33 |
$0.33 |
0.0% |
|
Diluted Shares |
-- |
82 |
80 |
2.5% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$287 |
$134 |
114.2% |
|
Accounts Rec. |
$352 |
$317 |
11.0% |
|
Inventory |
$18 |
$9 |
110.5% |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$287 |
$134 |
114.2% |
|
Accounts Rec. |
$352 |
$317 |
11.0% |
|
Inventory |
$18 |
$9 |
110.5% |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$55 |
$54 |
1.8% |
|
Long-Term Debt |
$190 |
$90 |
111.4% |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
$164 |
$136 |
20.8% |
|
Capital Expenditures |
No Data |
$49 |
N/A |
|
Free Cash Flow |
No Data |
$87 |
N/A |
Find out why Fools always follow the money.
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