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Eli Lilly And Co. Q1 adjusted earnings Beat Estimates

Eli Lilly And Co. (LLY) released earnings for its first quarter that rose from the same period last year.

The company's bottom line totaled $4.24 billion, or $4.31 per share. This compares with $1.22 billion, or $1.16 per share, in last year's first quarter.

Excluding items, Eli Lilly And Co. reported adjusted earnings of $1.24 billion or $1.33 per share for the period.

Analysts had expected the company to earn $1.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.6% to $5.09 billion from $4.96 billion last year.

Eli Lilly And Co. earnings at a glance:

-Earnings (Q1): $1.24 Bln. vs. $1.29 Bln. last year.
-EPS (Q1): $1.33 vs. $1.31 last year.
-Analysts Estimate: $1.32
-Revenue (Q1): $5.09 Bln vs. $4.96 Bln last year.

Full year EPS guidance: $5.60 to $5.70
Full year revenue guidance: $22.0 to $22.5 Bln

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