How did GILD's Q4 2024 earnings surprise impact investor confidence?

Gilead Sciences' (GILD) Q4 2024 earnings surprise had a positive impact on investor confidence, as evidenced by the following points:

1. **Earnings Surprise**: GILD reported an earnings per share (EPS) surprise of $0.2, which was positively received by investors. This indicates that the company's actual performance exceeded market expectations, boosting confidence in its financial health and management's performance.

|code|Ticker|Name|Date|Net Income|market_code|
|---|---|---|---|---|---|
|GILD|GILD.O|Gilead Sciences|2024 Q1|-4.17E9|185|
|GILD|GILD.O|Gilead Sciences|2024 Q2|1.614E9|185|
|GILD|GILD.O|Gilead Sciences|2024 Q3|1.253E9|185|
|GILD|GILD.O|Gilead Sciences|2024 Q4|1.783E9|185|

2. **Strong Third-Quarter Results**: The company's strong third-quarter results, which included revenues surpassing estimates, further bolstered investor confidence. This consistency across quarters suggests a stable and successful business model.
3. **Increased 2024 Outlook**: GILD's decision to increase its 2024 growth forecast following the strong third quarter results reflected optimism about the company's future performance. This positive outlook likely contributed to increased investor confidence.
4. **New Product Anticipation**: The expectation of new product filings by the end of the year sparked investor anticipation for future growth. This anticipation can lead to increased confidence in the company's innovation pipeline and its ability to sustain long-term growth.
5. **Analyst Ratings and Estimates**: Analysts' estimates and ratings, although not directly related to the earnings surprise, provide a broader context for investor confidence. Analysts' positive assessments of GILD's stock can influence investor sentiment positively.

In conclusion, GILD's Q4 2024 earnings surprise, coupled with strong third-quarter results, an increased growth outlook, and anticipation of new products, contributed to a boost in investor confidence. These factors collectively paint a positive picture of the company's financial performance and future prospects.