Illumina Analysts Lower Their Forecasts After Q1 Results
1. ILMN reported Q1 earnings of 97 cents, exceeding estimates. 2. Sales of $1.04 billion also surpassed analyst expectations. 3. FY2025 EPS guidance was lowered to $4.20-$4.30. 4. Core revenue is expected to decline by 1%-3%. 5. Analysts adjusted price targets, with notable downgrades.