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ILMN

Illumina earnings beat by $0.26, revenue was in line with estimates

investing.com 04/11/2024 - 21:18 PM

Illumina Q3 Earnings Report

Illumina (NASDAQ: ILMN) reported third quarter EPS of $1.14, exceeding the analyst estimate of $0.88 by $0.26. Revenue for the quarter was $1.08B, aligning with the consensus estimate.

Guidance

  • Q4 2024 Revenue: Expected at $1.07B, compared to analyst consensus of $950.00M.
  • FY 2024 EPS: Forecasted between $4.05-$4.15, above the analyst consensus of $3.91.

Illumina's stock closed at $153.49, gaining 21.14% in the last three months and 35.08% over the past year.

In the past 90 days, Illumina experienced 7 positive and 11 negative EPS revisions.

According to InvestingPro, Illumina's Financial Health score indicates fair performance.

For updates on upcoming earnings reports, visit Investing.com's earnings calendar.




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