said it is comfortable with Wall Street's earnings estimates for the first quarter and left its expectation for the full year unchanged.
The health care information technology company said it is comfortable with the 15-cent consensus estimate compiled by analysts surveyed by
Thomson Financial/First Call
. The company earned 7 cents in the year-ago period.
Cerner also reaffirmed its earnings projection of 80 cents to 85 cents for the full year, backing the guidance the company provided at the end of January. Analysts are calling for earnings of 84 cents for the full year.
Also in January, the company raised its earnings estimate from a range of 75 cents to 80 cents to the current range. Cerner also said it was comfortable with Wall Street's revenue estimate of $480 million to $490 million for the full year. That range was raised from a previous consensus estimate of $450 million to $460 million.
The company is scheduled to report earnings on April 18.
Shares of Cerner, which is based in Kansas City, Mo., fell $1.19, or 3.5%, to $32.94 in recent