ILMN Q3 Earnings Top, '24 Sales View Down, Stock Dips in Aftermarket
ILMNIllumina(ILMN) ZACKS·2024-11-05 23:20

Illumina Inc. (ILMN) reported third-quarter 2024 adjusted earnings per share (EPS) of $1.14, which beat the Zacks Consensus Estimate of 87 cents by a stupendous 31.0%. The bottom line was above the year-ago figure of 33 cents.The adjustments exclude the impact of GRAIL’s pre-acquisition net operating losses on GILTI, the utilization of U.S. foreign tax credits, and the Pillar Two global minimum top-up tax, which became effective from the first quarter of 2024.Including one-time items, the company’s GAAP EPS ...