04.11.2021 21:26:24

Illumina Revises FY Guidance

(RTTNews) - Illumina Inc. (ILMN) on Thursday revised its financial guidance for the full year 2021.

The company now expects earnings of $4.41 to $4.51 per share and adjusted earnings of $5.50 to $5.60 per share. Earlier, the company expected earnings of $4.69 to $4.89 per share and adjusted earnings of $6.30 to $6.50 per share.

For fiscal 2021, the company now expects both consolidated and core revenue growth of about 36%. Previously, the company expected revenue growth of 32% to 34%.

Analysts polled by Thomson Reuters currently expect earnings of $5.73 per share on revenue growth of 34.40%.

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Illumina Inc. 96,74 -1,22% Illumina Inc.