Gilead Sciences (GILD) reports its FQ2 ’15 results after the closing bell tomorrow. Both Estimize and Wall Street are predicting a fall in EPS and revenues QoQ. Estimize are forecasting an EPS figure of $2.77 and a revenue target of $7.540B. Wall Street estimates EPS to come in at $2.64 and revenues to be $7.360B.
Despite the potential negatives associated with falling revenue growth, Gilead is in a very strong position in terms of its balance sheet. Gilead has the ability to use its balance sheet to its advantage and potentially acquire desirable businesses in an attempt to bolster growth over the coming years. However, Gilead’s management have informed the market that they will not rush into a transaction and pay too much to acquire another company. In February, Gilead announced to the market that they will start paying a $0.43 quarterly dividend and launch a $15B share buyback program. Importantly, the market has previously rewarded drug makers engaging in M&A activity. Companies such as AbbVie (ABBV) and Alexion Pharmaceuticals (ALXN) have both benefited from their M&A strategies and are both trading at considerable premiums since their acquisition announcements. These success stories place more pressure on Gilead’s management to act sooner rather than later with respect to making acquisitions.
Klongturd is a clown who hangs out on Yahoo Boards including PM.
He lost a ton of money investing poorly; example GORO , IBM just to mention a few..
He is the Pee we Herman of investing not to be taken seriously but always there for a good laugh....lol
As usual weaker hands selling precious shares to the shrewd market makers. Lessons never learned; we have several of those types on this board.
GILD returning to higher levels. What's not to like about GILD. A prize trophy in one's portfolio.
Reported earnings will test the GS call which placed RAI on their conviction buy list.
New all time of $81.00 was the GS call, I remain bullish.
k1ltnow • 21 hours ago Flag
"Tuesday going to be bad - we all know HEP C sales are lower then"
What a clown. So sell GILD if you are negative.....Buy high and sell low....LO
Roger that hiding in granny's basement in the fetal position playing with his lollypop blow up doll....the KLONGTURD.....LOL.
roger that..His IBM trade is getting hammered again today.
As I see it Klongturd will sell & sustain a huge loss (weaker hands selling) I will step in and be the buyer as it regains momentum and shoots higher.
Klongturd are you taking notes ?...LOL
Roger that.....the snake lost his panties and is striking back. He should hire Merrill Lynch and pay them to lose his money....LOL
You need to revisit that post. You are totally confused since I sold out of IBM months ago.
You are confusing me with AXPkcop who follows WB. I am a follower of John Malone....lol
Roger that Klongturds largest position...IBM . His next largest position is GORO selling at 2 bucks.....
A 16 handle...OUCH!.....LOL
Did anyone see the video on Sara Eisen. Completely exposed as the camera swung behind the desk live on T.V., Bloomberg financial news; working currently for CNBC. Not a coincident.....LOL