Jan 14 (Reuters) - Eli Lilly ( LLY ) expects sales of
popular weight-loss drug Zepbound and related diabetes treatment
Mounjaro to miss Wall Street expectations in the fourth quarter,
but forecast 2025 revenue largely above estimates.
The company said on Tuesday it expects $3.5 billion in
Mounjaro sales in the fourth quarter, and $1.9 billion for
Zepbound. Analysts had expected the drugs to bring in $5.35
billion and $2.08 billion, respectively, according to data
compiled by LSEG.
"Our previous guidance had anticipated even faster
acceleration of growth for the quarter. That, in addition to
lower-than-expected channel inventory at year-end, contributed
to our Q4 results," CEO David Ricks said.
Lilly said it expects 2025 sales between $58 billion and $61
billion. Analysts were expecting revenue of $58.52 billion.