Aug 7 (Reuters) -
Eli Lilly ( LLY ) raised its full-year profit forecast on
Thursday, betting on surging demand for its blockbuster
weight-loss drug, Zepbound, as it targets new markets and looks
to seize more share from Novo Nordisk's Wegovy.
The company now expects to earn $21.75 to $23 per share on
an adjusted basis this year, compared to its previous forecast
of $20.78 to $22.28 per share profit.
Analysts were expecting a profit of $21.74 per share for
2025, according to data compiled by LSEG.
(Reporting by Bhanvi Satija in Bengaluru and Patrick Wingrove
in New York; Editing by Anil D'Silva)