Why Cerner Corporation (CERN) Stock Is Down Today

NEW YORK (TheStreet) -- Cerner Corporation (CERN) stock is slipping on Friday after guiding for light earnings in its second quarter and full year. 

By early afternoon, shares had slid 4.8% to $49.80.

SELL NOW: If you own any of the 900 stocks that TheStreet Quant Ratings has identified as a 'Sell'...you could potentially lose EVERYTHING in the next 6-12 months. Learn more.

The healthcare tech company said it expects adjusted earnings for its June-ending second quarter between 39 cents and 40 cents a share. Analysts surveyed by Thomson Reuters had estimated 40 cents a share. 

For its full year, earnings are expected between $1.63 and $1.67 a share, with analysts estimating net income at the high end of that range. 

Over the three months to March, Cerner earned 37 cents a share and revenue of $784.76 million, inline with analysts' estimates. 

Must read: Warren Buffett's 10 Favorite Growth Stocks

STOCKS TO BUY: TheStreet's Stocks Under $10 has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

If you liked this article you might like

Cognizant Technology, Advanced Micro Devices: 'Mad Money' Lightning Round

Play Defense, Play the Dollar: Cramer's 'Mad Money' Recap (Tuesday 8/29/17)

These Stocks Are Ready to Reverse Course

Wall Street Weighs In on Athenahealth's Strategic Options

Trader's Daily Notebook: Staying on the Sidelines?