DeItaone reports that Eli Lilly (LLY) delivered strong Q2 results, exceeding expectations, and raised its full-year revenue guidance to $85.0-$87.0 billion, with adjusted EPS guidance of $35.50-$36.50.
Eli Lilly's Q2 adjusted EPS was $8.38, significantly exceeding the expected $6.01; revenue reached $22.97 billion, higher than the anticipated $20.73 billion. Of this, Mounjaro revenue was $9.94 billion, a year-over-year increase of 91%; Zepbound revenue was $4.93 billion, a year-over-year increase of 44%. The company raised its full-year revenue guidance from $82-85 billion to $85-87 billion, and increased its adjusted EPS guidance to $35.50-36.50.
Source:X@DeItaone · Source Link
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