financetom
Business
financetom
/
Business
/
Eli Lilly beats profit estimates on diabetes and weight-loss drug strength
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Eli Lilly beats profit estimates on diabetes and weight-loss drug strength
Apr 30, 2024 4:08 AM

April 30 (Reuters) - Eli Lilly ( LLY ) beat Wall Street

estimates for first-quarter profit on Tuesday, helped by rising

demand for its weight-loss treatment Zepbound and type 2

diabetes drug Mounjaro.

The Indianapolis-based drugmaker posted a profit of $2.58

per share on an adjusted basis, compared with analysts'

expectations of $2.46 per share, according to LSEG data.

(Reporting by Bhanvi Satija and Sriparna Roy in Bengaluru and

Patrick Wingrove in New York; Editing by Devika Syamnath)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Airbnb dips as slower growth outlook renews fears of travel demand slowdown
Airbnb dips as slower growth outlook renews fears of travel demand slowdown
Aug 7, 2025
(Reuters) -Shares of Airbnb slumped 6% before the bell on Thursday after the company forecast slower growth in the second half of the year, disappointing investors of the sector expecting a rebound in travel demand after strong outlooks from major travel firms. The vacation home rental's gloomy outlook came as setback to the industry, which saw a rebound in consumer...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Trump Proposes 100% Tariff on Chip Imports With Exemptions for US Investors
Trump Proposes 100% Tariff on Chip Imports With Exemptions for US Investors
Aug 7, 2025
06:09 AM EDT, 08/07/2025 (MT Newswires) -- US President Donald Trump on Wednesday proposed a 100% tariff on semiconductor imports while offering exemptions to companies that invest in domestic manufacturing, according to media reports. The US president announced the plan from the Oval Office alongside Apple ( AAPL ) chief executive officer Tim Cook who pledged $100 billion to expand...
ING Comments on Euro, Swiss Franc, Sterling, Czech Republic's Koruna
ING Comments on Euro, Swiss Franc, Sterling, Czech Republic's Koruna
Aug 7, 2025
06:09 AM EDT, 08/07/2025 (MT Newswires) -- United States President Donald Trump's optimism on a possible Ukraine-Russia truce is likely feeding into euro strength, which stands in complete opposition to the US dollar on the matter, said ING. Should a truce become a more tangible prospect, EUR/USD and EUR/CHF are expected to serve as the primary channels for euro appreciation,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved