Illumina Earnings Beat Expectations at $0.26, While Profits Meet Projections

According to Illumina's (NASDAQ: ILMN) report, the earnings per share for the third quarter is $1.14, which is $0.26 better than analysts' expectations of $0.88. The reported profit for this quarter is calculated at $1.08 billion, matching analyst expectations.

For the fourth quarter of 2024, Illumina's profit has been determined to be $1.07 billion, while analyst predictions were at $950.00 million. The earnings per share for the fourth quarter of 2024 is projected to be between $4.05 and $4.15, with analyst forecasts at $3.91.

Illumina closed the day at $153.49, indicating a 21.14% increase in value over the last three months, and a 35.08% gain over the last 12 months. Within the last 90 days, Illumina saw 7 positive earnings reports per share, contrasted with 11 negative earnings reports per share.

You can review how Illumina's stock price has reacted to past earnings reports. According to InvestingPro, Illumina has a financial health score of "Very Good Performance." Check out the latest earnings reports and all financial information related to Illumina. Stay updated on all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.