<< Read Full Article

Lilly Edges Past Profit Targets

Stock quotes in this article: LLY , AMLN  

Eli Lilly(LLY Quote) Tuesday delivered a penny per-share earnings beat for its fourth quarter, benefiting from the foreign exchange rate and sales growth in drugs like antidepressant Cymbalta and erectile-dysfunction drug Cialis. Those sales helped to offset a flat quarter for its leading earner, schizophrenia drug Zyprexa.

Shares rose $1.22, or 2.4%, to $52.59 Tuesday morning.

The company said Tuesday that net income came in at $854.4 million, or 78 cents a share, vs. $132 million and 12 cents a share in the year-ago quarter when Lilly recognized asset impairment, restructuring and Zyprexa product liability charges of 73 cents a share. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,388.90 1,105.98 2,194.35 34.83
Oil *
77.74
UP
22.75
UP
6.06
UP
21.21
UP
1.03
10 Yr
3.48%
SPDR Gold
113.75
+0.22%
+0.55%
+0.98%
+3.05%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services