UPDATE 1-Cerner Q1 results beats estimates

* 2011 adj EPS $3.55-$3.62, rev $2.07-$2.12 bln

* Q1 adj EPS $0.80 vs est by $0.76

* Q1 rev rises 14 pct to $491.7 mln vs est $485.3 mln (Follows alerts)

April 28 (Reuters) - Health information technology company Cerner Corp posted a better-than-expected quarterly profit, helped by strong bookings, and raised its 2011 outlook.

The company now expects 2011 adjusted earnings of $3.55-$3.62 a share, on sales of $2.07-$2.12 billion. It had earlier forecast earnings of $3.50-$3.60 a share, on revenue of $2.05-$2.1 billion.

Analysts on average were expecting earnings of $3.56 a share, on revenue of $2.08 billion, according to Thomson Reuters I/B/E/S.

The company's first-quarter net income rose to $64.60 million, or 75 cents a share, from $50.3 million, or 59 cents a share, a year ago.

Excluding items, it earned 80 cents a share. Revenue rose 14 percent to $491.7 million.

Analysts on average expected earnings of 76 cents a share, excluding special items, on revenue of $485.3 million.

Shares of the company closed at $112.09 on Thursday on Nasdaq. (Reporting by Anand Basu in Bangalore; Editing by Don Sebastian)