1 Stubborn Cloud and 2 Silver Linings for Eli Lilly Stock [Yahoo! Finance]
Eli Lilly and Company (LLY)
Last eli lilly and company earnings: 4/23 06:25 am
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Source: Yahoo! Finance
Over the past 30 days, its shares fell by about 10%, though they are still up by around 37% so far this year. And, if management is correct, one cloudy trend driving their recent decrease in performance is more likely to stick around than shareholders would prefer. Nonetheless, things aren't anywhere near as bad as they might seem at the moment. And Eli Lilly's cloud also has a pair of silver linings that investors will want to hear about. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Lilly's newest cash cow, tirzepatide -- a therapy for type 2 diabetes and weight loss that's sold under the names Mounjaro and Zepbound -- is selling a bit slower than anticipated. Though its total revenue in the U.S. in the third quarter was $7.8 billion, up 46% from a year prior, $1.2 billion of which was derived from sales of Zepbound (the weight loss brand), the market's expectations were even higher. The reason for the disconnect
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News
- Treatment with tirzepatide in adults with pre-diabetes and obesity or overweight resulted in sustained weight loss and nearly 99% remained diabetes-free at 176 weeks [Yahoo! Finance]Yahoo! Finance
- Treatment with tirzepatide in adults with pre-diabetes and obesity or overweight resulted in sustained weight loss and nearly 99% remained diabetes-free at 176 weeksPR Newswire
- Hims & Hers launches GLP-1 shortage tracker in its battle with the FDA [Yahoo! Finance]Yahoo! Finance
- Hims & Hers launches GLP-1 shortage tracker in its battle with the FDA [Yahoo! Finance Canada]Yahoo! Finance Canada
- Asha Therapeutics Awarded Barnett Drug Development Grant by the ALS Association to Advance Novel Intra-Molecular Glue Inhibitor of SARM1 to Clinic and Announces Appointment of Disarm Therapeutics’ Founders to Company’s Scientific Advisory BoardBusiness Wire
LLY
Earnings
- 10/30/24 - Miss
LLY
Sec Filings
- 11/8/24 - Form 144
- 11/8/24 - Form 4
- 11/5/24 - Form 4
- LLY's page on the SEC website