Illumina Reports Financial Results for Second Quarter of Fiscal Year 2018
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Illumina (ILMN) PT Raised to $320 at Evercore ISI
July 31, 2018 6:55 AM EDTEvercore ISI raised its price target on Illumina (NASDAQ: ILMN) to $320.00 (from $305.00) while maintaining an Outperform rating.
Analyst Ross Muken highlighted that what he liked in the quarter was:
Record revenues driven largely by 35% sequencing consumables growth across all 3 types of sequencing... MoreIllumina (ILMN) Tops Q2 EPS by 32c; Raises Outlook
July 30, 2018 4:06 PM EDTIllumina (NASDAQ: ILMN) reported Q2 EPS of $1.43, $0.32 better than the analyst estimate of $1.11. Revenue for the quarter came in at $830 million versus the consensus estimate of $786.56 million.
GUIDANCE:
Illumina sees FY2018 EPS of $5.35-$5.45, versus the consensus of $4.87.
For earnings history and earnings-related data on Illumina (ILMN) click here.
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