Illumina (ILMN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2025, Illumina (ILMN) reported revenue of $1.04 billion, down 3.3% over the same period last year. EPS came in at $0.97, compared to $0.09 in the year-ago quarter.The reported revenue represents a surprise of +0.25% over the Zacks Consensus Estimate of $1.04 billion. With the consensus EPS estimate being $0.96, the EPS surprise was +1.04%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.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: $880 million compared to the $872.04 million average estimate based on three analysts. The reported number represents a change of +0.5% year over year. Revenues- Core Illumina- Service and other revenue: $161 million versus the three-analyst average estimate of $175.08 million. The reported number represents a year-over-year change of -6.9%. Revenues- Core Illumina- Total product revenue: $880 million versus the three-analyst average estimate of $869.69 million. The reported number represents a year-over-year change of -0.3%. Revenue- Service and other revenue: $161 million versus the three-analyst average estimate of $170.12 million. The reported number represents a year-over-year change of -19.5%. Revenue- Sequencing- Instruments: $109 million versus $108.51 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.9% change. Revenues- Core Illumina- Instruments: $112 million versus the two-analyst average estimate of $112.06 million. The reported number represents a year-over-year change of -1.8%. Revenue- Sequencing- Consumables: $696 million versus $679.85 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.3% change. Revenue- Microarrays- Instruments: $3 million versus $3.61 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -25% change. Revenue- Microarrays- Consumables: $72 million versus the two-analyst average estimate of $74.59 million. The reported number represents a year-over-year change of +1.4%. Revenue- Core Illumina: $1.04 billion versus the two-analyst average estimate of $1.03 billion. The reported number represents a year-over-year change of -1.4%. Revenues- Core Illumina- Consumables: $768 million versus $748.87 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.1% change. View all Key Company Metrics for Illumina here>>>Shares of Illumina have returned +0.1% over the past month versus the Zacks S&P 500 composite's +11.3% 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 +23.9% 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 ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks