Gilead Surprises with Earnings at $0.51, Profit Higher Than Expectations

According to Gilead's (NASDAQ: GILD) report, the earnings per share for the third quarter was $2.02, surpassing analysts’ expectations of $1.51 by $0.51. The reported earnings for this quarter were determined to be $7.54 billion, while analyst expectations were $7.01 billion.

Guidance for Gilead's fiscal year 2024 estimates earnings per share to be in the range of $4.25-$4.45, compared to analyst predictions of $3.81.

Gilead's stock closed the day at $91.69, reflecting a 24.48% increase over the past three months. Over the last 12 months, the stock has gained 13.75%.

In the last 90 days, Gilead has reported 2 positive earnings per share and 17 negative earnings per share.

You can examine how Gilead's stock price reacted to past earnings reports here.

According to InvestingPro, Gilead's financial health score is rated as "Fairly Good."

You can review the latest earnings reports and all financial information related to Gilead here. Stay updated on all developments regarding balance sheets by visiting the Investing.com Earnings Calendar.