Illumina Reports Financial Results for Third Quarter of Fiscal Year 2021

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Illumina (ILMN) PT Raised to $570 at Cowen

November 5, 2021 6:47 AM EDT

Cowen analyst Dan Brennan raised the price target on Illumina (NASDAQ: ILMN) to $570.00 (from $550.00) while maintaining an Outperform rating.

The analyst commented, "While ILMN's 2H guide was deemed conservative, growing supply chain concerns created risks & dampened optimism. Against this backdrop, ILMN reported a... More

Illumina (ILMN) Tops Q3 EPS by 32c, Offers Guidance

November 4, 2021 4:35 PM EDT

Illumina (NASDAQ: ILMN) reported Q3 EPS of $1.45, $0.32 better than the analyst estimate of $1.13. Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.04 billion.

GUIDANCE:

Illumina sees FY2021 EPS of $5.50-$5.60, may not compare versus the consensus... More