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Eli Lilly And Co. Profit Drops In Q3

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Eli Lilly And Co. (LLY) announced earnings for third quarter that dropped from the same period last year.

The company's earnings came in at $1.11 billion, or $1.22 per share. This compares with $1.21 billion, or $1.33 per share, in last year's third quarter.

Excluding items, Eli Lilly And Co. reported adjusted earnings of $1.76 billion or $1.94 per share for the period.

The company's revenue for the quarter rose 17.9% to $6.77 billion from $5.74 billion last year.

Eli Lilly And Co. earnings at a glance:

-Earnings (Q3): $1.76 Bln. vs. $1.29 Bln. last year.
-EPS (Q3): $1.94 vs. $1.41 last year.
-Revenue (Q3): $6.77 Bln vs. $5.74 Bln last year.

-Guidance:
Full year EPS guidance: $7.95 to $8.05
Full year revenue guidance: $27.2 to $27.6 Bln

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