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Tuesday, July 30, 2019

Eli Lilly up 1% premarket on Q2 beat

Eli Lilly (LLYQ2 results: Revenues: $5,636.7M (+0.9%).
Key product sales: Trulicity: $1,028.5M (+32%); Humalog: $677.6M (-12%); Alimta: $577.8M (+4%); Forteo: $360.8M (-17%); Humulin: $322.6M (-7%); Taltz: $353.8M (+61%); Basaglar: $290.7M (+44%); Cialis: $200.2M (-63%); Cyramza: $241.8M (+11%); Jardiance: $231.9M (+58%).
Net Income: $1,327.2M; EPS: $1.44; Non-GAAP Net Income: $1,388M (-3.0%); Non-GAAP EPS: $1.50 (+1.4%).
2019 Guidance: Total Revenues: $22.0B – 22.5B (unch); EPS from continued operations: $4.65 – 4.75 from $4.64 – 4.74; Non-GAAP EPS: $5.67 – 5.77 from $5.60 – 5.70.
Shares are up 1% premarket.

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