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Eli Lilly raised its profit forecast for 2025 due to strong sales, but its stock dropped after a new drug underperformed.
Eli Lilly upped its 2025 profit forecast due to strong sales of its weight-loss drug, Zepbound, and Mounjaro, projecting earnings between $21.75 to $23 per share, up from $20.78 to $22.28.
The company reported a 38% revenue increase to $15.56 billion in Q2, driven by Zepbound and Mounjaro.
Despite the positive financial results, Eli Lilly's stock fell after its experimental weight-loss pill, orforglipron, showed results below market expectations.
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Eli Lilly elevó su pronóstico de ganancias para 2025 debido a las fuertes ventas, pero sus acciones cayeron después de que un nuevo fármaco tuvo un rendimiento inferior.