Loading...
Loading...
Eli Lilly & Co
LLY reported a 31% rise in its second-quarter earnings.
Eli Lilly lifted its full-year adjusted earnings forecast to $4.28 to $4.38 per share, versus its earlier view of $3.82 to $3.97 per share.
Eli Lilly's quarterly profit surged to $1.21 billion, or $1.11 per share, from $923.6 million, or $0.83 per share, in the year-ago period. Excluding one-time items, its earnings climbed to $1.16 per share from $0.83 per share.
Its revenue increased 5.9% to $5.93 billion. However, analysts were expecting earnings of $1 per share on revenue of $5.82 billion.
Eli Lilly's gross margin widened to 80.3% from 79.5%.
Eli Lilly shares closed at $50.99 yesterday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in