Illumina Reports Full Financial Results for Third Quarter of Fiscal Year 2016

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First Analysis Downgrades Illumina (ILMN) to Underweight

November 2, 2016 8:24 AM EDT

First Analysis downgraded Illumina (NASDAQ: ILMN) from Equal Weight to Underweight with a price target of $116.00.

For an analyst ratings summary and ratings history on Illumina click here. For more ratings news on Illumina click here.

Shares of Illumina closed at $139.50 yesterday.

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Illumina (ILMN) Tops Q3 EPS by 10c, Guides Below

November 1, 2016 4:10 PM EDT

Illumina (NASDAQ: ILMN) reported Q3 EPS of $0.97, $0.10 better than the analyst estimate of $0.87. Revenue for the quarter came in at $607 million versus the consensus estimate of $614.31 million.

GUIDANCE:

Illumina sees FY2016 EPS of $3.27-$3.32, versus the consensus of $3.38.

"While... More