Illumina (ILMN) Q3 Earnings Beat Estimates

What happened: Illumina (ILMN) reported quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.36. Revenue of $1.13 billion missed the consensus estimate by 0.76%. Key numbers: EPS $1.44 vs $1.36 estimate and $1.34 a year ago. Earnings surprise +5.88%. Why it matters: The report marks the fourth straight quarter of surpassing consensus EPS estimates, and the estimate revisions trend ahead of the release was favorable. The article states the stock's near-term move will depend mostly on management commentary on the earnings call. Market: +0.4% today ($290.06), +115.9% YTD, 0.7x vol — as of 23:45 UTC Verified: Q3_2026 (Oct 29) EPS $1.62 vs $1.36 est, +19.3% beat; next print ~Jan 28 Coverage: 7 outlets in 24h

Illumina (ILMN) reported quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.36. Revenue of $1.13 billion missed the consensus estimate by 0.76%.

The report marks the fourth straight quarter of surpassing consensus EPS estimates, and the estimate revisions trend ahead of the release was favorable. The article states the stock's near-term move will depend mostly on management commentary on the earnings call. Market: +0.4% today ($290.06), +115.9% YTD, 0.7x vol — as of 23:45 UTC Verified: Q3_2026 (Oct 29) EPS $1.62 vs $1.36 est, +19.3% beat; next print ~Jan 28