On Tuesday, Illumina ILMN will release its latest earnings report. Here is Benzinga's outlook.
Earnings and Revenue
Sell-side analysts expect Illumina's EPS to be near $1.18 on sales of $736.6 million.
In the same quarter last year, Illumina reported EPS of 85 cents per share on revenue of $619.3 million. The analyst consensus estimate would represent a 37 percent increase in the company's earnings. Sales would be have grown 18.93 percent from the same quarter last year.
Here's how the company's EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | 0.99 | 0.69 | 0.64 | 0.81 |
EPS Actual | 1.11 | 0.82 | 0.64 | 0.85 |
Q4 EPS Estimate: $1.18
Q4 Revenues Estimate: $736 million
Stock Performance
Shares of Illumina are trading around $244.83. Over the last 52-week period, shares of Illumina are up 52.89 percent.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The popular rating by analysts on Illumina stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Illumina's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://www.illumina.com/company/investor-information/events-and-presentations.html
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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