Eli Lilly Q3 Earnings, Guidance Beat On Cost Control

By | October 22, 2015

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Big pharma Eli Lilly (LLY) beat Q3 earnings expectations and raised EPS guidance Thursday, though revenue was more of a mixed bag as the firm continues to struggle with foreign exchange headwinds. Lilly made 89 cents a share excluding one-time items, up 22% from the year-earlier quarter and beating analysts’ consensus by 15 cents, according to Thomson Reuters. Revenue increased 2% to $4.96 billion, beating consensus by about $60 million. Lilly Scalper1 News

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