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Eli Lilly Sells 53% More at Lower Prices: Rapid Earnings Reaction

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Covered by 2 outlets: Yahoo Finance, The Motley Fool.

Who covered it: Center 1 · Not rated 1. How we rate outlets

Eli Lilly Sells 53% More at Lower Prices: Rapid Earnings Reaction

Eli Lilly’s realized prices fell 15%, but a 53% jump in volume pushed revenue up 39% and lifted full-year guidance by $5.5 billion. Here’s why the math works, and what could break it.

Directly affected

  • LLY Eli Lilly+12.0% 30d

    Named in this report.

Indirectly affected

  • XLV Health Care Select Sector SPDR

    Health Care Select Sector SPDR holds the health sector that Eli Lilly and belongs to, so it often moves with news about it.

  • JNJ Johnson & Johnson+0.4% 30d

    Johnson & Johnson is a peer of Eli Lilly and in pharmaceutical preparations; rivals often move on the same news.

  • ABBV AbbVie+8.5% 30d

    AbbVie is a peer of Eli Lilly and in pharmaceutical preparations; rivals often move on the same news.

  • MRK Merck-2.6% 16d

    Merck is a peer of Eli Lilly and in pharmaceutical preparations; rivals often move on the same news.

  • ABT Abbott Laboratories-0.7% 30d

    Abbott Laboratories is a peer of Eli Lilly and in pharmaceutical preparations; rivals often move on the same news.

  • PFE Pfizer+6.7% 30d

    Pfizer is a peer of Eli Lilly and in pharmaceutical preparations; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LLY+1.25%-0.87%base+6.41%after closeafter closeafter close
XLVNo price data for this ticker———————
JNJNo price data for this ticker———————
ABBVNo price data for this ticker———————
MRKNo price data for this ticker———————
ABTNo price data for this ticker———————
PFENo 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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Eli Lilly Sells 53% More at Lower Prices: Rapid Earnings Reaction Yahoo Finance

Source: Yahoo Finance

This story

CompanyWhenMoveStatus
LLYthat day+6.41%final price
LLYthree days earlier-0.87%final price
LLYfive days earlier+1.25%final price

Trades by members of Congress and officials in the stocks in this story

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).

This story

25 out of 100

“Eli Lilly Sells 53% More at Lower Prices: Rapid Earnings Reaction” scores 25 out of 100. The score uses 2 sources.