Before The Bell
FONT-SIZE Plus   Neg

Eli Lilly & Co. (LLY) Rose To A New High After 2013 Guidance Increase

Eli Lilly & Co. (LLY: Quote) reported fourth quarter adjusted EPS of $0.85 Tuesday morning, down from $0.87 in the previous year. The consensus estimate was for EPS of $0.78. Full year 2013 adjusted EPS is expected to be between $3.82 and $3.97, up from prior expectations of $3.75 to $3.90. The consensus estimate is for EPS of $3.84.

Eli Lilly traded to the upside throughout the first half of the morning Tuesday and ended the session higher by 1.68 at $54.32. The stock rose above a 2 1/2 week range and set a new high for the year.

Click here to receive FREE breaking news email alerts for Eli Lilly And Co. and others in your portfolio

by RTT Staff Writer

For comments and feedback:

Business News

comments powered by Disqus