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Vara Research GmbH: QIAGEN Q3 2016 Consensus Estimates

DGAP-News: Vara Research GmbH / Key word(s): Miscellaneous
Vara Research GmbH: QIAGEN Q3 2016 Consensus Estimates

25.10.2016 / 16:44
The issuer is solely responsible for the content of this announcement.

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The calculated consensus for QIAGEN is based on the estimates of 23 major
banks consulted by Vara Research.

All consensus numbers are quoted in $ millions.

Consensus estimates (average) Q3 2016 Full Year 2016
Adjusted net sales(1) 336.2 1344.9
Growth rate at CER in % 8.2 6.2
Adjusted operating income 81.7 318.6
Adjusted tax rate in % 16.4 16.3
Adjusted diluted EPS ($/share)(2) 0.28 1.09

Please note that the consensus is also available on the QIAGEN corporate
website:

https://www.qiagen.com/de/about-us/investors/stock-information/analyst-con
sensus/

Notes:

CER = Constant exchange rate

(1) Adjusted net sales is a non-GAAP financial measure that includes total
QIAGEN sales as well as contributions from Ingenuity (acquired
April 29, 2013), Due to purchase accounting rules, reported net sales are
reduced by fair value adjustments to deferred revenue related to
sales contracts executed prior to the acquisitions.

(2) Adjusted results are non-GAAP financial measures that QIAGEN believes
should be considered in addition to the reported results prepared in
accordance with generally accepted accounting principles, but should not be
considered a substitute. QIAGEN believes certain items - such as those
listed above - should be excluded from adjusted results when they are
outside the ongoing core operations, vary significantly from period to
period, or affect the comparability of results with its competitors and its
own prior periods. Includes non-GAAP sales related to the bioinformatics
acquisitions.

Dislaimer:
This document has been issued by Vara Research GmbH for information
purposes only and is not intended to
constitute investment advice. It is based on estimates and forecasts of
various analysts regarding revenues, earnings
and business developments of the relevant company. Such estimates and
forecasts cannot be independently verified
by reason of the subjective character. Vara Research GmbH gives no
guarantee, representation or warranty and is not
responsible or liable as to its accuracy and completeness.


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25.10.2016 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.

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514441 25.10.2016