Will Gilead (GILD) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Gilead Sciences (GILD) has a strong history of beating earnings estimates and is well-positioned for continued success in upcoming reports [1][2] Earnings Performance - Gilead has consistently exceeded earnings expectations, with an average surprise of 26.35% over the last two quarters [2] - In the most recent quarter, Gilead reported earnings of $2.02 per share, surpassing the expected$1.58 by 27.85% [2] - For the previous quarter, the company reported $2.01 per share against an estimate of$1.61, resulting in a surprise of 24.84% [2] Earnings Estimates - Recent estimates for Gilead have been revised upward, indicating positive sentiment among analysts [3] - The Zacks Earnings ESP for Gilead is currently +2.30%, suggesting bullish expectations for the company's earnings [6] Predictive Metrics - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [4] - Gilead's Zacks Rank is 2 (Buy), further supporting the likelihood of another earnings beat [6] Upcoming Earnings Report - Gilead's next earnings report is anticipated to be released on February 11, 2025 [6]