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On Tuesday, Jan. 29, Illumina (NASDAQ:ILMN) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Illumina EPS will likely be near $1.36 while revenue will be around $862.42 million, according to analysts.
Illumina earnings in the same period a year ago was $1.44 and quarterly sales came in at $778 million. If the company were to match the consensus estimate when it reports Tuesday, EPS would have fallen 5.56 percent. Revenue would be up 10.85 percent from the year-ago period. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 1.26 | 1.11 | 1.01 | 1.18 |
| EPS Actual | 1.52 | 1.43 | 1.45 | 1.44 |
Stock Performance
Over the last 52-week period, shares are up 21.19 percent. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release. Over the past 90 days, analysts have generally adjusted their estimates lower for EPS and revenues. The average rating by analysts on Illumina stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.
Conference Call
Illumina is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here: https://edge.media-server.com/m6/p/ybamruom
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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