Illumina Set to Announce Q4 Earnings Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 04 2026
0mins
Should l Buy ILMN?
Source: seekingalpha
- Earnings Announcement Date: Illumina (ILMN) is set to release its Q4 2023 earnings on February 5th after market close, with a consensus EPS estimate of $1.25, reflecting a 31.6% year-over-year increase, indicating ongoing improvements in profitability.
- Revenue Expectations: The anticipated revenue for Q4 is $1.11 billion, representing a modest 0.9% year-over-year growth, which, while small, demonstrates the company's stable performance in the market and may attract investor interest.
- Historical Performance Review: Over the past two years, Illumina has exceeded EPS and revenue estimates 88% of the time, a strong historical performance that could bolster market confidence ahead of the earnings report.
- Revision Trends: In the last three months, EPS estimates have seen 9 upward revisions with no downward adjustments, while revenue estimates experienced 10 upward revisions and 4 downward, indicating analysts' optimistic outlook on Illumina's future performance.
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Analyst Views on ILMN
Wall Street analysts forecast ILMN stock price to rise
13 Analyst Rating
4 Buy
6 Hold
3 Sell
Hold
Current: 114.440
Low
40.50
Averages
124.12
High
195.00
Current: 114.440
Low
40.50
Averages
124.12
High
195.00
About ILMN
Illumina, Inc. is engaged in providing sequencing-and array-based solutions for genetic and genomic analysis. Its products and services serve customers in a range of markets, enabling the adoption of genomic solutions in research and clinical settings. Its DNA sequencing technology is based on its reversible terminator-based sequencing chemistry, referred to as sequencing by synthesis biochemistry. Its BeadArray technology combines microscopic beads and a substrate in a manufacturing process to produce arrays that can perform many assays simultaneously. Its sequencing applications include whole-genome sequencing kits, which sequence entire genomes of any size and complexity, and targeted resequencing kits, which can sequence exomes, specific genes, RNA or other genomic regions of interest. Its customers include genomic research centers, academic institutions, government laboratories, hospitals, pharmaceutical, biotechnology, commercial molecular diagnostic laboratories, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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