GILD Stock: 3.82% Stock Increase Explained

By Amit Chowdhry ● Feb 5, 2023
  • The stock price of Gilead Sciences (NASDAQ: GILD) increased by 3.82% in the most recent trading session. This is why.

The stock price of Gilead Sciences (NASDAQ: GILD) increased by 3.82% in the most recent trading session.

Why: Q4 results

Results: Gilead Sciences (NASDAQ: GILD) reported a Q4 EPS of $1.67, which was $0.17 higher than a consensus of $1.50. And the revenue for the quarter was $7.4 billion compared to a consensus of $6.66 billion.

Guidance: Gilead Sciences estimated a FY 2023 EPS range of $6.60 to $7 compared to a consensus of $6.73. And Gilead Sciences estimates a FY 2023 revenue range of $26 billion to $26.5 billion compared to a consensus of $27 billion.