Illumina Inc expected to post earnings of 4 cents a share - Earnings Preview

Illumina

30/04/2024 21:03

* Illumina Inc  ILMN.OQ   ILMN.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The San Diego California-based  company is expected to
report a
3.3% decrease in revenue to $1.052 billion from $1.09 billion a
year ago, according to the mean estimate from 14 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 4 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
$146.06​, above​ its last closing price of $124.73. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.04        0.02       0.14      Beat    686.1
 Jan. 1 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.        0.04        0.10       0.14      Beat    34.7
 31 2022                                                
 Jan. 1 0001   0.34        0.30       0.34      Beat    14.1​
 Jan. 1 0001   0.64        0.65       0.57      Missed  -12
 Mar. 31 2022  0.91        0.90       1.07      Beat    19.3
 This summary was machine generated April 30 at 20:02 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)