Eli Lilly And Co. Q4 Profit Increases, Beats Estimates

Eli Lilly And Co. (LLY) reported earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $4.409 billion, or $4.88 per share. This compares with $2.189 billion, or $2.42 per share, last year.

Excluding items, Eli Lilly And Co. reported adjusted earnings of $4.805 billion or $5.32 per share for the period.

Analysts on average had expected the company to earn $5.08 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 44.7% to $13.532 billion from $9.353 billion last year.

Eli Lilly And Co. earnings at a glance (GAAP) :

-Earnings: $4.409 Bln. vs. $2.189 Bln. last year.
-EPS: $4.88 vs. $2.42 last year.
-Revenue: $13.532 Bln vs. $9.353 Bln last year.

by RTTNews Staff Writer

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