Eli Lilly (NYSE: LLY) fourth-quarter performance exceeded the street expectations, with the company delivering adjusted earnings of $5.32 per share versus the projected $4.95. Revenue came in at $13.5 billion, slightly below the consensus estimate of $13.6 billion.
David Risinger, Leerink Partners, joins 'Fast Money' to talk Eli Lilly earnings.
Eli Lilly and Company's Q4 and full-year earnings showcased impressive growth, driven by tirzepatide's success, leading to a 45% revenue increase in Q4 and 32% for the year. Tirzepatide, marketed as Mounjaro for Type 2 Diabetes and Zepbound for Obesity, has significantly outperformed competitors, contributing to over 37% of Lilly's revenues. Lilly's diverse portfolio, including cardiometabolic, oncology, and immunology divisions, also showed strong growth, with significant investments in manufacturing to address supply concerns.
Eli Lilly and Company (NYSE:LLY ) Q4 2024 Results Conference Call February 6, 2025 10:00 AM ET Company Participants Mike Czapar - Senior Vice President of Investor Relations David Ricks - Chair and CEO Lucas Montarce - Chief Financial Officer Dr. Dan Skovronsky - Chief Scientific Officer & President of Lilly Immunology Patrik Jonsson - President of Lilly Cardiometabolic Health & Lilly USA Dave Hyman - Chief Medical Officer Anne White - President of Lilly Neuroscience Jake Van Naarden - President of Lilly Oncology Ilya Yuffa - President of Lilly International Marc Kemen - Investor Relations Wes Taul - Investor Relations Wai Wong - Investor Relations Conference Call Participants Tim Anderson - Bank of America Terence Flynn - Morgan Stanley Courtney Breen - Bernstein Chris Schott - JPMorgan Geoff Meacham - Citibank Colleen Garvey - Guggenheim Securities Conor MacKay - BMO Capital Markets Umer Raffat - Evercore Steve Scala - TD Cowen Mohit Bansal - Wells Fargo Dave Risinger - Leerink Partners Akash Tewari - Jefferies Alexandria Hammond - Wolfe Research Chris Shibutani - Goldman Sachs James Shin - Deutsche Bank Trung Huynh - UBS Nicole Germino - Truist Securities Operator Ladies and gentlemen, thank you for standing by, and welcome to the Lilly Q4 2024 Earnings Call. At this time all participants are in a listen-only mode.
The headline numbers for Lilly (LLY) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Eli Lilly beats fourth-quarter estimates for earnings and sales. Mounjaro and Zepbound sales miss estimates.
Eli Lilly (LLY 4.07%) stock inched 2.5% higher through 9:50 a.m. ET Thursday after beating on the top and bottom lines in this morning's Q4 earnings report.
Eli Lilly (LLY) shares ran higher following its earnings report with its weight loss drugs in focus. Ford Motor Co. (F) hit a 52-week low with tariffs from President Trump posing questions around the company's outlook.
Eli Lilly and Co (NYSE:LLY) reported mixed results for the fourth quarter, with earnings outpacing estimates as revenue from its weight loss drugs Mounjaro and Zepbound fell short. Revenue surged 45% year-over-year to $13.53 billion, slightly below the $15.37 billion expected by Wall Street analysts.
Eli Lilly (LLY) came out with quarterly earnings of $5.32 per share, beating the Zacks Consensus Estimate of $5.03 per share. This compares to earnings of $2.49 per share a year ago.
On Thursday, Eli Lilly and Co LLY stock is trading higher after the company released better-than-expected fourth-quarter earnings and provided 2025 guidance.
Lilly's CEO says that the company has “tremendous momentum” entering 2025.