Eli Lilly Stock Drops After Earnings. Its Guidance Disappoints.
Lilly cuts its guidance for full-year earnings to a range of $6.50 to $6.70 a share, having raised its outlook in August to a range of $9.70 to $9.90.
Stay updated with breaking news from Davida Ricks. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Lilly cuts its guidance for full-year earnings to a range of $6.50 to $6.70 a share, having raised its outlook in August to a range of $9.70 to $9.90.
Strong sales growth driven by Mounjaro, Verzenio, and Jardiance
In addition to Eli Lilly, Novo Nordisk and Moderna, Regeneron also produced its latest quarterly earnings report Thursday morning.
This week, the U.S. Department of Commerce’s Economic Development Administration announced that Indiana-based Heartland BioWorks, a consortium led by the Applied Research Institute, has been designated as a Regional Technology
Succeeding Mike Mason on January 1, 2024 will be company veteran Patrik Jonsson, who currently serves as EVP and president of Lilly USA.