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Lilly's shares fall 8% as drug sales miss expectations CEO David Ricks cited physical and financial constraints at wholesalers for the shortfall Lilly slashes annual profit forecast due to ...
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Eli Lilly shares slid after the drugmaker reported disappointing quarterly results, with sales of its popular diabetes and anti-obesity drugs lower than expected. Lilly said inventory decreases by ...
Shares of Eli Lilly and Co. slumped toward their biggest ... due to big misses in sales of anti-obesity drugs Mounjaro and Zepbound. The company said sales of Mounjaro and Zepbound were hurt ...
Adjusted EPS of $1.18 was barely half of the $2.18 expected. Weight-Loss Drugs Have Powered Lilly, Novo Nordisk Results Surging sales for the weight-loss drugs have boosted Eli Lilly and Novo ...
(Bloomberg) -- Eli Lilly & Co. lowered its full-year guidance Wednesday after sales of its blockbuster weight-loss drug fell short of expectations, which the company blamed on inventory issues. Listen ...
Wednesday’s dive came as Eli Lilly’s results released at about 7 a.m. EDT were worse than analyst expectations across the board, headlined by its $11.4 billion in Q3 sales (5% below forecasts ...
Zepbound sales reached $1.26 billion. Trulicity sales fell 22% to $1.30 billion. Guidance: Eli Lilly forecasts fiscal year 2024 sales of $45.4 billion—$46 billion, compared to prior guidance of ...