Illumina Q3 profit beats expectations, revenue falls short of expectations, according to Investing.com


© Reuters Illumina Q3 profit beat expectations, while revenue fell short of expectations.

Investing.com – Illumina Co. (NASDAQ: ) Q3 report beat analysts’ estimates with lower-than-expected earnings, according to data released Thursday.

According to the analyst consensus compiled by Illumina, Illumina’s earnings per share (EPS) were $0.33 on revenue of $1.12B. Investing.com expectations for the upcoming release were previously expected to be $0.13 per share on revenue of $1.13B.

Illumina shares fell 2.79% to $104.00 in after-hours trading. After the news of earnings report

Besides Illumina, there are other companies. Markets report this month’s earnings in the healthcare sector of the NASDAQ Stock Exchange

Eli Lilly previously estimated Q3 earnings at $0.1 per share on revenue of $9.5B, and $-0.2 on revenue of $8.97B.

Meanwhile, UnitedHealth’s most recently reported performance beat analyst forecasts. Q3 earnings were $6.56 per share on revenue of $92.4B, beating analyst estimates for 2020. Investing.com expects EPS to be around $6.33 based on revenue of $91.42B.

Follow the latest developments in company profits with the Investing.com Earnings Calendar

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