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LLY
Benzinga
15 hrs

Mounjaro And Zepbound Power Eli Lilly's 54% Revenue Jump In Q3, Hikes 2025 Forecast

1. Eli Lilly reported Q3 earnings, beating expectations significantly. 2. Quarterly revenue rose 54% to $17.60 billion, ahead of the $16.02 billion estimate. 3. Mounjaro and Zepbound drove major revenue growth, reflecting strong demand. 4. Eli Lilly raised its annual sales forecast to $63-$63.5 billion. 5. The company plans a $1.2 billion investment in Puerto Rico for manufacturing expansion.

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FAQ

Why Very Bullish?

LLY's strong earnings growth, exceeding expectations, typically leads to price appreciation, similar to past instances like the release of new drug approvals.

How important is it?

The article details strong quarterly performance and future growth prospects, crucial for investor confidence and stock valuation.

Why Long Term?

The planned manufacturing expansion supports ongoing growth and innovation, enhancing long-term revenue potential akin to prior investments that boosted production capacity.

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