Illumina (ILMN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended December 2024, Illumina (ILMN) reported revenue of $1.1 billion, down 1.6% over the same period last year. EPS came in at $0.86, compared to $0.14 in the year-ago quarter.The reported revenue represents a surprise of +2.64% over the Zacks Consensus Estimate of $1.08 billion. With the consensus EPS estimate being $0.92, the EPS surprise was -6.52%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Illumina performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue- Product revenue: $939 million versus $897.71 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +1.7% change. Revenue- Service and other revenue: $165 million versus $173.11 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -17.1% change. Revenue- Microarrays- Instruments: $5 million compared to the $4.20 million average estimate based on two analysts. The reported number represents a change of -16.7% year over year. Revenue- Sequencing- Consumables: $698 million compared to the $704.07 million average estimate based on two analysts. The reported number represents a change of +1.6% year over year. Revenues- Core Illumina- Total product revenue: $939 million compared to the $888.09 million average estimate based on two analysts. The reported number represents a change of +1.2% year over year. Revenues- Core Illumina- Service and other revenue: $165 million versus $181.45 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -2.4% change. Revenue- Microarrays- Consumables: $81 million versus the two-analyst average estimate of $66.61 million. The reported number represents a year-over-year change of +9.5%. Revenue- Core Illumina: $1.10 billion compared to the $1.07 billion average estimate based on two analysts. The reported number represents a change of +0.6% year over year. Revenue- Sequencing- Instruments: $155 million compared to the $116.03 million average estimate based on two analysts. The reported number represents a change of -3.7% year over year. View all Key Company Metrics for Illumina here>>>Shares of Illumina have returned -10.7% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Illumina, Inc. (ILMN): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks