Eli Lilly And Co. Profit Drops In Q3

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

by RTTNews Staff Writer

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