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Shares of Gilead Sciences (NASDAQ:GILD) rose after the company reported Q4 results.
Quarterly Results
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Earnings per share were up 68.46% year over year to $2.19, which beat the estimate of $2.15.
Revenue of $7,421,000,000 up by 26.23% from the same period last year, which beat the estimate of $7,330,000,000.
Looking Ahead
Gilead Sees FY21 Adj. EPS $6.75-$7.45 vs $6.85 Estimate, Product Sales Including Veklury $23.7B-$25.1B
Details Of The Call
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Date: Feb 04, 2021
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/u4wtgj6u
Price Action
Company's 52-week high was at $85.97
Company's 52-week low was at $56.56
Price action over last quarter: Up 12.25%
Company Profile
Gilead Sciences develops and markets therapies to treat life-threatening infectious diseases, with the core of its portfolio focused on HIV and hepatitis B and C. The acquisitions of Corus Pharma, Myogen, CV Therapeutics, Arresto Biosciences, and Calistoga have broadened this focus to include pulmonary and cardiovascular diseases and cancer. Gilead's acquisition of Pharmasset brought rights to hepatitis C drug Sovaldi, which is also part of combination drug Harvoni, and the Kite, Forty Seven, and Immunomedics acquisitions boost Gilead's exposure to cell therapy and noncell therapy in oncology.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.