Seven analysts cut their full year earnings outlook over the past 60 days, and the consensus estimate has fallen well over one dollar to $4.39 per share; earnings are expected to decline about 33% for fiscal 2020. Shares have actually gained more than 44% since the March lows, but ILMN still lags the S&P 500's 55+% rebound during the same time frame. ILMN will likely have a long, hard road ahead of it, since the Covid-19 crisis will continue to be a growth obstacle for a while now.