Early Tuesday, Eli Lilly (LLY) reported adjusted earnings of $1.87 per share on $6.74 billion in second-quarter sales. In response, LLY stock fell slightly.
On average, analysts polled by FactSet expected Lilly earnings of $1.89 per share and $6.6 billion in sales.
In the year-earlier period, Lilly earned $1.89 per share on $5.5 billion in sales.
For the year, the pharmaceutical company still sees EPS of $7.80-$8.00. It expects revenue of $26.8 billion to $27.4 billion. Analysts projected Lilly earnings of $7.89 per share on $27.21 billion in sales.
In premarket trading on the stock market today, LLY stock fell 1.5%. Eli Lilly has been trading near record highs.
https://www.investors.com/news/technology/lly-stock-eli-lilly-earnings-q2-2021/
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.