Lilly Reports Third-Quarter 2023 Financial Results, Highlights Strong Sales Growth and Business Development Activity

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Citi continue to see upside to Eli Lilly & Co.'s (LLY) 'already rich' valuation

November 2, 2023 11:11 AM EDT

Citi analyst Andrew Baum said in a note Thursday that the Mounjaro beat for Eli Lilly & Co. (NYSE: LLY) goes on after the companys solid third-quarter results, which were boosted by the drug.

Baum reiterated a Buy rating and $675 price... More

Eli Lilly (LLY) falls after cutting full-year profit forecast

November 2, 2023 6:45 AM EDT

Eli Lilly (NYSE: LLY) shares fell in early Thursday trade after the company lowered its full-year outlook.

Eli Lilly now projects an EPS in the range of $6.50 to $6.70, which fell below the consensus estimate of $6.72.

"Lilly had another strong quarter in Q3... More

Eli Lilly & Co. (LLY) Tops Q3 EPS by 30c; Trims Outlook

November 2, 2023 6:31 AM EDT

Eli Lilly & Co. (NYSE: LLY) reported Q3 EPS of $0.10, $0.30 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $9.5 billion versus the consensus estimate of $8.97 billion.

GUIDANCE:

Eli Lilly & Co. sees FY2023 EPS of $6.50-$6.70, versus the... More