Illumina ILMN releases its next round of earnings this Monday, July 29. Here's Benzinga's essential guide to Illumina's Q2 earnings report.
Earnings and Revenue
Illumina earnings will be near $1.34 per share on sales of $866.16 million, according to analysts.
Illumina earnings in the same period a year ago was $1.43. Quarterly sales came in at $830 million. The Wall Street estimate would represent a 6.29% decline in the company's earnings. Sales would be up 4.36% on a year-over-year basis. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
EPS Estimate | 1.370 | 1.36 | 1.26 | 1.11 |
EPS Actual | 1.600 | 1.32 | 1.52 | 1.43 |
Stock Performance
Over the last 52-week period, shares of Illumina have declined 5.46%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with Illumina. The strength of this rating has maintained conviction over the past three months.
Conference Call
Illumina is scheduled to hold a conference call at 5:00 p.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/rcewtoem
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.