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Stock impact report

Eli Lilly tops revenue estimates on diabetes drug boost [Reuters]

Eli Lilly and Company (LLY) 
Last eli lilly and company earnings: 4/23 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.lilly.com
Company Research Source: Reuters
Eli Lilly tops revenue estimates on diabetes drug boost - Reuters 1 Min Read (Reuters) - Eli Lilly and Co ( LLY.N ) edged past Wall Street estimates for quarterly revenue on Tuesday, as higher sales of its top-selling diabetes drug, Trulicity, helped offset the impact of generic competition on its erectile dysfunction drug, Cialis. The drugmaker posted net income of $1.33 billion, or $1.44 per share, in the quarter ended June 30, compared with a loss of $259.9 million, or 25 cents per share, a year earlier. It had recorded an acquisition-related charge of $1.62 billion in the prior year quarter. Revenue rose to $5.64 billion from $5.59 billion, above Wall Street estimates of $5.59 billion. Reporting by Saumya Sibi Joseph in Bengaluru; Editing by Anil D'Silva All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. Eli Lilly tops revenue estimates on diabetes drug boost (Reuters) - Eli Lilly and C Show less Read more
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