(C) Reuters. Gilead Earnings Beat, Revenue Misses In Q1
Gilead announced earnings per share of $2.08 on revenue of $6.42B. Analysts polled by Investing.com anticipated EPS of $2.06 on revenue of $6.72B.
Gilead shares are down 10% from the beginning of the year, still down 25.52% from its 52 week high of $85.67 set on April 30, 2020. They are under-performing the S&P 500 which is up 12.13% from the start of the year.
Gilead shares lost 1.10% in after-hours trade following the report.
Gilead’s report follows an earnings beat by J&J on April 20, who reported EPS of $2.59 on revenue of $22.32B, compared to forecasts EPS of $2.34 on revenue of $21.98B.
Abbott Labs had beat expectations on April 20 with first quarter EPS of $1.32 on revenue of $10.46B, compared to forecast for EPS of $1.27 on revenue of $10.69B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Gilead Earnings Beat, Revenue Misses In Q1
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