Gilead Sciences Q4 2023 Adj EPS $1.72 Misses $1.76 Estimate, Sales $7.10B Inline
Portfolio Pulse from Benzinga Newsdesk
Gilead Sciences (GILD) reported Q4 2023 adjusted EPS of $1.72, missing the consensus estimate of $1.76 by 2.27%. Quarterly sales were $7.10 billion, in line with estimates but down 3.91% from the same period last year.
February 06, 2024 | 9:03 pm
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Gilead Sciences reported a slight miss in Q4 2023 EPS and sales in line with estimates but showing a year-over-year decline.
The miss in EPS, even if slight, combined with a year-over-year decline in sales, could lead to negative investor sentiment in the short term. However, the fact that sales met estimates might mitigate some of the negative impact.
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