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7.60571950105788E-05 0.000152114390021158 0.00121691512017034 0.00152114390021287 0.000152114390021158 -0.00197748707027699 -0.0038028597505324 -0.00215089747490119
Stock impact report

Gilead (GILD) Q1 Loss Narrower Than Expected, Sales Beat [Yahoo! Finance]

Gilead Sciences, Inc. (GILD) 
Last gilead sciences, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.gilead.com
Company Research Source: Yahoo! Finance
GILD's first-quarter adjusted loss per share of $1.32 per share was narrower than the Zacks Consensus Estimate of a loss of $1.49. In the year-ago quarter, the company reported adjusted earnings of $1.37 per share. The year-over-year decrease was due to an acquired in-process research and development (IPR&D) charge of $3.9 billion, or $3.14 per share, related to the acquisition of CymaBay Therapeutics, Inc. Total revenues of $6.7 billion beat the Zacks Consensus Estimate of $6.4, primarily due to higher HIV, Oncology and Liver Disease sales. The stock is trading up in response to the results. Gilead's shares have lost 19.4% year to date compared with the industry's decline of 9.3%. Image Source: Zacks Investment Research Quarter in Detail Total product sales were up 5% to $6.6 billion. Excluding Veklury, product sales increased 6% to $6.1 billion. HIV product sales grew 4% year over year to $4.34 billion, driven by higher demand. The figure beat both the Zacks Consens Show less Read more
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