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-0.000518510836876461 -0.00259255418438245 -0.00165923467800473 0.000674064087939414 0.000518510836876461 0.00197034118013064 0.0101628124027793 0.0152442186041688
Stock impact report

HIV Drugmaker Gilead Reports Strongest Quarterly Performance Of 2024, Analysts Boost Price Target On Raised Outlook [Yahoo! Finance]

Gilead Sciences, Inc. (GILD) 
Last gilead sciences, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.gilead.com
Company Research Source: Yahoo! Finance
On Wednesday after market, Gilead reported third-quarter adjusted EPS of $2.02, down from $2.29 a year ago, beating the consensus of $1.55. The HIV drug maker reported sales of $7.55 billion, up 7% year over year, beating the consensus of $7 billion, primarily due to higher sales in HIV and Veklury (remdesivir), Oncology and Liver Disease. Also Read: Gilead Sciences/Merck's Investigational Once-Weekly HIV Combo Therapy Shows Sustained Virus Suppression To 48 Weeks HIV product sales increased 9% to $5.1 billion, with Biktarvy sales increased 13% to $3.5 billion. Descovy sales jumped 15% to $586 million. The Liver Disease portfolio sales increased 4% to $733 million. Veklury sales increased 9% to $692 million. “Gilead's third-quarter results are the strongest of the year to date, with 7% year-over-year revenue growth, including 13% year-over-year growth for Biktarvy,” said Daniel O'Day, Chairman and CEO. Guidance: Gilead Sciences raised its fiscal year 2024 adjusted EPS gui Show less Read more
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