But Gilead Sciences turned in a great quarter. Here's why.
Gilead Sciences (GILD 0.49%) 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.
David Williamson has no position in any stocks mentioned. Michael Douglass has no position in any stocks mentioned. The Motley Fool recommends Gilead Sciences. The Motley Fool owns shares of Gilead Sciences. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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