Gilead Sciences Inc. (GILD) announced earnings for its second quarter that Increased from the same period last year and beat the Street estimates.
The company's earnings came in at $1.960 billion, or $1.56 per share. This compares with $1.614 billion, or $1.29 per share, last year.
Excluding items, Gilead Sciences Inc. reported adjusted earnings of $2.01 per share for the period.
Analysts on average had expected the company to earn $1.96 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.8% to $7.082 billion from $6.954 billion last year.
Gilead Sciences Inc. earnings at a glance (GAAP) :
-Earnings: $1.960 Bln. vs. $1.614 Bln. last year.-EPS: $1.56 vs. $1.29 last year.-Revenue: $7.082 Bln vs. $6.954 Bln last year.
-Guidance:Full year EPS guidance: $7.95 - $8.25Full year revenue guidance: $28.30 - $28.70 Bln
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