NEW YORK (TheStreet) -- Gilead Sciences
(GILD - Get Report) reported second quarter earnings of $2.36 cents per share, beating analysts estimates by 56 cents, on revenue of $6.54 billion.
Analysts were expecting revenue of $5.9 billion during the quarter.
Gilead shares are down -0.9% to $89.56 in after-hours trading today.
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TheStreet Ratings team rates GILEAD SCIENCES INC as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:"We rate GILEAD SCIENCES INC (GILD) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results."
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