Investing.com - Gilead (NASDAQ:GILD) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Gilead announced earnings per share of $2.19 on revenue of $7.33B. Analysts polled by Investing.com anticipated EPS of $2.01 on revenue of $7.03B.
Gilead shares are up 13% from the beginning of the year, still down 23.32% from its 52 week high of $85.90 set on March 19, 2020. They are outperforming the Nasdaq which is up 6.9% from the start of the year.
Gilead shares gained 1.72% in after-hours trade following the report.
Gilead follows other major Healthcare sector earnings this month
Gilead's report follows an earnings beat by J&J on January 26, who reported EPS of $1.86 on revenue of $22.48B, compared to forecasts EPS of $1.82 on revenue of $21.66B.
Roche Holding ADR had missed expectations on Monday with fourth quarter EPS of $1.21 on revenue of $16.2B, compared to forecast for EPS of $1.28 on revenue of $17.17B.
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