Illumina (NASDAQ: ILMN) has announced that it will be unveiling its third quarter financial results on Monday 4th November 2024. This eagerly anticipated announcement is scheduled to occur after market close, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.
In accordance with the predictions of financial analysts on Wall Street, the organization is on track to report an expected per share of $0.88 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $1.08 billion for this quarter.
The company's earnings report for the same quarter in the previous year revealed a per-share income of $0.33, attributed to the company's total revenue of $1.12 billion.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $4.35 billion. Additionally, they predict that the earnings per share for the company will hit profit of $3.82 by the end of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.36 | +12.5% | 1.11 B | -5.4% |
| Q1 2024 | $0.09 | +12.5% | 1.08 B | -1.0% |
| Q4 2023 | $0.14 | 0% | 1.12 B | +3.6% |
| Q3 2023 | $0.33 | -2.9% | 1.12 B | +0.4% |
| Q2 2023 | $0.32 | -43.9% | 1.18 B | +1.2% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 4th November 2024 at 04:30 PM eastern time, in a conference call with public.
Illumina (ILMN) shares experienced a range of $144.11 to $149.95 on a day volume of 1.71 million shares. The stock closed Friday's regular trading session at $149.76, showing a 3.90 percent gain.
