Illumina Q4 preliminary revenue rises 5%, beats analyst expectations

Reuters01-13
<a href="https://laohu8.com/S/ILMN">Illumina</a> Q4 preliminary revenue rises 5%, beats analyst expectations

Overview

  • Genomics leader's preliminary Q4 revenue rises 5%, beating analyst expectations

  • Preliminary non-GAAP diluted EPS for Q4 ranges from $1.27 to $1.30

  • Fiscal year 2025 preliminary revenue remains flat compared to 2024

Outlook

  • Company did not provide specific guidance for future quarters or fiscal year

Result Drivers

  • EX-CHINA GROWTH - Co estimates 7% revenue growth excluding China in Q4

  • FLAT ANNUAL REVENUE - Fiscal year 2025 revenue estimated to remain flat compared to 2024

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Beat

$1.16 bln

$1.10 bln (16 Analysts)

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 9 "hold" and 3 "sell" or "strong sell"

  • The average consensus recommendation for the advanced medical equipment & technology peer group is "buy"

  • Wall Street's median 12-month price target for Illumina Inc is $130.00, about 10.7% below its January 12 closing price of $145.55

  • The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nPn5NxZ72a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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