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BackEli Lilly is about to report earnings. Here's what to expect
Eli Lilly is about to report earnings. Here's what to expect
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CNBC2 hours agoBusiness1 min read

Eli Lilly is about to report earnings. Here's what to expect

Wall Street expects strong third-quarter results driven by blockbusters Zepbound and Mounjaro, alongside early sales for obesity pill Foundayo.

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Eli Lilly prepares to report third-quarter earnings and revenue, with Wall Street anticipating strong growth from obesity drug Zepbound and diabetes treatment Mounjaro, alongside initial sales figures for its new obesity pill, Foundayo.

AI-generated summary

Why It Matters

Eli Lilly launched its obesity pill, Foundayo, in April, adding to its portfolio of blockbuster metabolic treatments.

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Eli Lilly is slated to report third-quarter earnings and revenue on Thursday, which will likely be fueled by its blockbuster obesity drug Zepbound and diabetes counterpart Mounjaro.

Here's what Wall Street is expecting, based on a survey of analysts by LSEG:

Earnings per share: $6.26 expected

Revenue: $22.61 billion expected

But investors will also be laser-focused on the launch of the company's obesity pill, Foundayo, which entered the market in April. Analysts forecast around $229 million in sales for the pill, StreetAccount estimates showed.

What to Watch

AI outlook — possibilities, not facts

  • Eli Lilly to report third-quarter earnings and revenue on Thursday

    Very likely · Within days

Open Questions

  • Will Eli Lilly beat Wall Street's $22.61 billion revenue expectation?
  • What were the exact Q3 sales figures for Foundayo?

Related Topics

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OrganizationsEli LillyWall StreetLSEGStreetAccount
Topicszepboundmounjarofoundayoearningswall street
This article was originally published by CNBC.

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