Why Gilead Sciences, inc. Stock Was Flat Today

Gilead Sciences  (NASDAQ: GILD  )  turned in an incredible quarter yesterday, with revenue of $6.5 billion beating analyst expectations by 12% and more than doubling the year-ago quarter.

The difference in earnings was even starker: Adjusted EPS of $2.36 beat analyst expectations by a whopping 31% and quadrupled the year-ago quarter.

Yet shares today were flat.

In the video below, health care analysts Michael Douglass and David Williamson give more detail on Gilead's great quarter.

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  • Report this Comment On July 24, 2014, at 8:09 PM, highgrowthcarson wrote:

    Gild was flat today because the moon was in the house of Jupiter with Neptune rising. There is no other explanation. Maybe this will be apple January 2012 when they had the all-time monster quarter and the stock didn't react for five or six days, as if the entire investing universe were in total shock. But when it did react aapl added 175+B to market cap in under two months.

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