Illumina Inc expected to post earnings of 2 cents a share - Earnings Preview

Illumina

06/02/2024 22:32

* Illumina Inc  ILMN.OQ   ILMN.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 8 for the
period ending December 31 2023
    * The San Diego California-based  company is expected to
report a
0.5% increase in revenue to $1.088 billion from $1.08 billion a
year ago, according to the mean estimate from 17 analysts, based
on LSEG data. (Sales/Revenue Majority Basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for Illumina Inc is for
earnings
of 2 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 12
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Illumina
Inc is
$144.00​, above​ its last closing price of $142.23. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.12        0.12       0.33      Beat    167.6
 Jun. 30 2023  0.02        0.02       0.32      Beat    1,636.
                                                        3
 Mar. 31 2023  0.02        0.03       0.08      Beat    215.8​
 Dec. 31 2022  0.04        0.10       0.14      Beat    34.7
 ​​Sep.        0.34        0.30       0.34      Beat    14.1
 30 2022                                                
 Jun. 30 2022  0.64        0.65       0.57      Missed  -12​
 Mar. 31 2022  0.91        0.90       1.07      Beat    19.3
 Dec. 31 2021  0.52        0.49       0.75      Beat    52.4
 This summary was machine generated February 6 at 22:32 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)