Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain.
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Eli Lilly on Thursday reported third-quarter revenue and adjusted earnings that topped estimates on strong demand for its diabetes drug Mounjaro, but slashed its full-year profit guidance due to charges primarily related to its recent acquisitions.
Here’s what Eli Lilly reported for the third quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:
- Earnings per share: 10 cents per share adjusted vs. 13 cents loss per share expected
- Revenue: $9.50 billion vs. $8.95 billion expected
For the quarter ended…