Lilly Reports Q2 2024 Financial Results, Raises Full-Year Revenue Guidance by $3 Billion
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Eli Lilly (LLY) PT Raised to $1,150 at BofA Securities
August 9, 2024 5:56 AM EDTBofA Securities analyst Geoff Meacham raised the price target on Eli Lilly (NYSE: LLY) to $1,150.00 (from $1,000.00) while maintaining a Buy rating.
The analyst comments "LLY shares traded with strength today (+9.5%; DRG index: +4%) following the continued outperformance from Lillys incretin portfolio, including Mounjaro (Type 2 diabetes) and Zepbound (obesity). Importantly, given managements... More
Eli Lilly stock jumps 10% on annual guidance hike, strong Q2 top and bottom line
August 8, 2024 6:58 AM EDT(Updated - August 8, 2024 9:34 AM EDT)
Eli Lilly & Co. (NYSE: LLY) reported much stronger-than-expected earnings for the fiscal Q2 2024 and raised its guidance for the full year.
The drugmakers shares surged more than 10% at the Thursday market open.
For the second quarter, Lilly posted earnings per share (EPS) of $3.92, significantly above the consensus estimate of $2.75. Revenue rose to $11.3 billion, also exceeding analyst estimates.
Revenue for its Trulicity... More
Eli Lilly & Co. (LLY) Tops Q2 EPS by $1.17, Beats on Revenue; Offers Upbeat FY24 Guidance
August 8, 2024 6:47 AM EDTEli Lilly & Co. (NYSE: LLY) reported Q2 EPS of $3.92, $1.17 better than the analyst estimate of $2.75. Revenue for the quarter came in at $11.3 billion versus the consensus estimate of $10 billion.
GUIDANCE:
Eli Lilly & Co. sees FY2024 EPS of $16.10-$16.60, versus the... More
