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Eli Lilly Boosts FY26 Outlook; Stock Up 5.3% - Update

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

While reporting financial results for the first quarter on Thursday, drugmaker Eli Lilly and Co. (LLY) raised its earnings, adjusted earnings and revenue guidance for the full-year 2026, reflecting the strong revenue performance in the first quarter.

For fiscal 2026, Eli Lilly now projects earnings in a range of $35.50 to $37.00 per share on revenues between $82 billion and $85 billion.

Previously, the company expected earnings in the range of $33.50 to $35.00 per share on revenues between $80.0 billion and $83.0 billion.

In Thursday's pre-market trading, LLY is trading on the NYSE at $896.70, up $45.29 or 5.32 percent.

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