INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Eli Lilly and Co. (LLY) on Thursday reported first-quarter profit of $2.76 billion.
The Indianapolis-based company said it had net income of $3.06 per share. Earnings, adjusted for one-time gains and costs, came to $3.34 per share.
The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.52 per share.
The drugmaker posted revenue of $12.73 billion in the period, which topped Street forecasts. Seven analysts surveyed by Zacks expected $12.62 billion.
Lilly expects full-year earnings in the range of $20.78 to $22.28 per share, with revenue in the range of $58 billion to $61 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LLY at https://www.zacks.com/ap/LLY
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。