Illumina's Q3 Earnings Coming Up: Time to Buy, Sell or Hold the Stock?

Sequencing giant Illumina Inc. (ILMN) is set to release third-quarter 2024 results on Nov. 4 after the closing bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.According to the Zacks Consensus Estimate, the company’s third-quarter earnings are expected to surge by 163.6% to 87 cents per share. The estimate has remained unchanged in the past 60 days. However, the Zacks Consensus Estimate for revenues currently stands at $1.08 billion, a 3.7% decrease compared to the last year.Ima ...