Eli Lilly Net Drops, Cuts View

Lilly's earnings fell 5% as the drug maker took charges tied to health reform and increased spending on research, development and marketing.

Topics:  lilly   
BING NEWS:
  • Stock market today: Nasdaq edges back from its record as chip companies and Eli Lilly slump
    NEW YORK (AP) — U.S. stock indexes edged lower Wednesday after drops for Eli Lilly and chip companies overshadowed a jump for Google’s parent company. The S&P 500 slipped 0.3% after drifting ...
    10/30/2024 - 5:40 am | View Link
  • Eli Lilly Q3 Earnings: Mounjaro Sales More Than Double, Takes $2.98 Billion Hit To Profit, Cuts...
    On Wednesday, Eli Lilly and Co (NYSE:LLY) stock plummeted after the company released worse-than-expected third-quarter earnings and lowered 2024 guidance. The U.S. pharma giant reported third-quarter ...
    10/30/2024 - 4:23 am | View Link
  • Stocks hit pause after Nasdaq milestone; Eli Lilly earnings underwhelm Wall St.
    NEW YORK — U.S. stock indexes edged lower Oct. 30 after drops for Eli Lilly and chip companies overshadowed ... The company said Oct. 3- that net income totaling $24.7 billion, or $3.30 per ...
    10/29/2024 - 1:01 pm | View Link
  • Eli Lilly Q3 Earnings: Mounjaro Sales More Than Double, Takes $2.98 Billion Hit To Profit, Cuts Annual Outlook, Stock Tanks
    Eli Lilly lowered its 2024 adjusted EPS guidance to $13.02-$13.52 versus prior guidance of $16.10-$16.60 and consensus of $13.47, driven by the acquired IPR&D charges incurred in Q3.
    10/29/2024 - 1:01 pm | View Link
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