Gilead Sees FY23 Non-GAAP EPS $6.65-$6.85 vs $6.25 Est.
Portfolio Pulse from Benzinga Newsdesk
Gilead Sciences has projected its FY23 Non-GAAP EPS to be between $6.65 and $6.85, which is higher than the estimated $6.25.
November 07, 2023 | 9:04 pm
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POSITIVE IMPACT
Gilead's higher than expected FY23 Non-GAAP EPS forecast could potentially lead to a positive impact on its stock price.
Earnings per share (EPS) is a key indicator of a company's profitability. A higher than expected EPS forecast usually indicates strong future performance, which can positively influence investor sentiment and drive up the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100