3 Big Pharma Earnings Reports to Watch: Eli Lilly, Merck and Gilead
Published . Updated .
Covered by 2 outlets: 24/7 Wall St., Yahoo Finance.
Who covered it: Center 1 · Not rated 1. How we rate outlets
Eli Lilly's EPS estimate collapsed in just 30 days, Merck faces a comparison it cannot repeat, and Gilead is burning through cash fast.
Directly affected
Indirectly affected
- XLV Health Care Select Sector SPDR
Health Care Select Sector SPDR: it holds drugmakers and health companies. Linked by “pharma” (pharma and health) in this story.
- XBI SPDR S&P Biotech ETF
SPDR S&P Biotech ETF: it holds drugmakers and health companies. Linked by “pharma” (pharma and health) in this story.
- JNJ Johnson & Johnson
Johnson & Johnson (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “pharma” (pharma and health) in this story.
- PFE Pfizer
Pfizer (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “pharma” (pharma and health) in this story.
- GILD Gilead Sciences
Gilead Sciences (biological products, (no diagnostic substances)): drugmakers move with drug pricing, approvals and health policy. Linked by “pharma” (pharma and health) in this story.
- ABBV AbbVie
AbbVie (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “pharma” (pharma and health) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| LLY | -0.83% | -0.57% | base | after close | after close | after close | after close |
| MRK | +5.67% | +2.42% | base | after close | after close | after close | after close |
| XLV | -0.15% | +0.03% | base | after close | after close | after close | after close |
| XBI | -1.35% | -3.43% | base | after close | after close | after close | after close |
| JNJ | -4.13% | -1.82% | base | after close | after close | after close | after close |
| PFE | +0.23% | +0.74% | base | after close | after close | after close | after close |
| GILDNo price data for this ticker | — | — | — | — | — | — | — |
| ABBVNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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3 Big Pharma Earnings Reports to Watch: Eli Lilly, Merck and Gilead 24/7 Wall St.
Source: 24/7 Wall St.
Price since this story was published: Select Sector Spdr Tr (XLV)
| Company | When | Move | Status |
|---|---|---|---|
| Johnson & Johnson (JNJ) | three days earlier | -1.82% | final price |
| Johnson & Johnson (JNJ) | five days earlier | -4.13% | final price |
| Eli Lilly (LLY) | three days earlier | -0.57% | final price |
| Eli Lilly (LLY) | five days earlier | -0.83% | final price |
| Merck (MRK) | three days earlier | +2.42% | final price |
| Merck (MRK) | five days earlier | +5.67% | final price |
| Pfizer (PFE) | three days earlier | +0.74% | final price |
| Pfizer (PFE) | five days earlier | +0.23% | final price |
| Spdr Series Trust (XBI) | three days earlier | -3.43% | final price |
| Spdr Series Trust (XBI) | five days earlier | -1.35% | final price |
| Select Sector Spdr Tr (XLV) | three days earlier | +0.03% | final price |
| Select Sector Spdr Tr (XLV) | five days earlier | -0.15% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna bought Eli Lilly (LLY) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 54 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Merck (MRK), worth $1,001 - $15,000 on 24 Sep 2026. That is 34 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Merck (MRK), worth $15,001 - $50,000 on 19 Aug 2026. That is 70 days before publication. Filed 9 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Merck (MRK), worth $250,001 - $500,000 on 31 Jul 2026. That is 89 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Rohit Khanna bought Johnson & Johnson (JNJ) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 33 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Lloyd Doggett bought Johnson & Johnson (JNJ), worth $1,001 - $15,000 on 8 Sep 2026. That is 50 days before publication. Filed 5 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Johnson & Johnson (JNJ) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 54 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Pfizer (PFE) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 54 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Pfizer (PFE), worth $100,001 - $250,000 on 21 Aug 2026. That is 68 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Pfizer (PFE), worth $100,001 - $250,000 on 31 Jul 2026. That is 89 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Gilead Sciences (GILD) (held by a dependent child), worth $1,001 - $15,000 on 10 Aug 2026. That is 79 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Pete Sessions sold AbbVie (ABBV), worth $15,001 - $50,000 on 14 Sep 2026. That is 44 days before publication. Filed 18 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Select Sector Spdr Tr (XLV)
Companies tied to this story
- XLV Select Sector Spdr Tr
Select Sector Spdr Tr (XLV) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “3 Big Pharma Earnings Reports to Watch: Eli Lilly, Merck and Gilead.” Reason on file: Health Care Select Sector SPDR: it holds drugmakers and health companies. Linked by “pharma” (pharma and health) in this story
- XBI Spdr Series Trust
Spdr Series Trust (XBI) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “3 Big Pharma Earnings Reports to Watch: Eli Lilly, Merck and Gilead.” Reason on file: SPDR S&P Biotech ETF: it holds drugmakers and health companies. Linked by “pharma” (pharma and health) in this story
- LLY Eli Lilly
In “3 Big Pharma Earnings Reports to Watch: Eli Lilly, Merck and Gilead,” Eli Lilly (LLY) is linked, with no stored direction, medium confidence. Reason on file: Eli Lilly and (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “pharma” (pharma and health) in this story
- MRK Merck
For “3 Big Pharma Earnings Reports to Watch: Eli Lilly, Merck and Gilead,” Merck (MRK) is linked, with no stored direction, medium confidence. Reason on file: Merck (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “pharma” (pharma and health) in this story
- JNJ Johnson & Johnson
For “3 Big Pharma Earnings Reports to Watch: Eli Lilly, Merck and Gilead,” Johnson & Johnson (JNJ) is linked, with no stored direction, medium confidence. Reason on file: Johnson & Johnson (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “pharma” (pharma and health) in this story
- PFE Pfizer
Pfizer (PFE) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “3 Big Pharma Earnings Reports to Watch: Eli Lilly, Merck and Gilead.” Reason on file: Pfizer (pharmaceutical preparations): drugmakers move with drug pricing, approvals and health policy. Linked by “pharma” (pharma and health) in this story
Select Sector Spdr Tr (XLV)
“3 Big Pharma Earnings Reports to Watch: Eli Lilly, Merck and Gilead” (28 Oct 2026) reaches Select Sector Spdr Tr (XLV) through this story.
For Select Sector Spdr Tr (XLV), the reason on file says Health Care Select Sector SPDR: it holds drugmakers and health companies. Linked by “pharma” (pharma and health) in this story
A second company, Spdr Series Trust (XBI), is listed for a different reason: SPDR S&P Biotech ETF: it holds drugmakers and health companies. Linked by “pharma” (pharma and health) in this story
Price levels for Select Sector Spdr Tr (XLV)
LLY traded between 1131.55 and 1321.17 across 20 sessions. The latest close on file is 1282.03. XBI traded between 152.63 and 158.97 across 2 sessions. The latest close on file is 154.01. XLV traded between 166.19 and 168.74 across 2 sessions. The latest close on file is 167.68.
What the saved facts support for Select Sector Spdr Tr (XLV)
54 out of 100
“3 Big Pharma Earnings Reports to Watch: Eli Lilly, Merck and Gilead” scores 54 out of 100. The score uses 2 sources, and 6 linked companies.