Why Gilead's Solid Q3 Earnings Could Point To A Dividend Surprise Next Year
Portfolio Pulse from
Gilead Sciences' Q3 2024 results exceeded expectations, driven by strong HIV portfolio performance and increased demand for COVID-19 therapy Veklury. Oncology remains weak, but Trodelvy shows growth. Sales and non-GAAP EPS guidance were raised.
November 07, 2024 | 2:00 pm
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Gilead Sciences' Q3 2024 earnings exceeded expectations due to strong HIV and Veklury sales. Oncology remains weak, but Trodelvy shows growth. Sales and EPS guidance were raised.
Gilead's strong Q3 performance, driven by HIV and Veklury sales, led to raised sales and EPS guidance, indicating potential positive stock movement. Oncology remains a concern, but Trodelvy's growth is a positive sign.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100