Analysts Cite Improved Investor Sentiment For Gilead, But Warn of Limited Growth at Current Stock Levels
GILDGilead(GILD) Benzinga·2024-08-10 01:48

On Thursday, Gilead Sciences, Inc. GILD reported second-quarter revenue of 6.95billion,beatingtheconsensusof6.95 billion, beating the consensus of 6.72 billion.Sales increased 5% year over year primarily due to higher product sales in HIV, Liver Disease, and Oncology. Product sales excluding Veklury increased 6% year-over-year to 6.7billion.AdjustedEPSwas6.7 billion.Adjusted EPS was 2.01, up from 1.34ayearago,beatingtheconsensusof1.34 a year ago, beating the consensus of 1.60, primarily driven by lower operating expenses and higher revenues.Also Read: Gilead’s $42.5K Priced HIV Drug Could Be ...