Illumina Sees 2024 Core Illumina Adj. EPS $3.80-$3.95, Lowers Core Illumina Revenue Guidance To 2-3% Decline
Portfolio Pulse from Benzinga Newsdesk
Illumina has adjusted its 2024 core Illumina adjusted EPS forecast to $3.80-$3.95 and lowered its core Illumina revenue guidance to a 2-3% decline.
August 06, 2024 | 8:56 pm
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Illumina has revised its 2024 core adjusted EPS forecast to $3.80-$3.95 and lowered its revenue guidance to a 2-3% decline, indicating potential challenges ahead.
The downward revision in revenue guidance and the adjusted EPS forecast suggest that Illumina may face financial challenges in the near term. This could negatively impact investor sentiment and the stock price.
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