International Companies

Eli Lilly hikes sales guidance by $2bn, shares jump

By Benjamin Chiou

Date: Tuesday 30 Apr 2024

(Sharecast News) - Shares in Eli Lilly jumped on Wall Street on Tuesday after the American pharma giant beat quarterly profit forecasts and hiked its full-year sales guidance by $2bn, helped by surging demand for its weight-loss drug Zepbound.
The company is now guiding to full-year revenues of $42.4bn-$43.6bn, from $40.4bn-$41.6bn...

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