Eli Lilly Beats on Earnings even as Weight Loss, Diabetes Drug Sales Fall Short

Eli lilly on thuresday reported Mixed Results For the fourth Quarter, even as demand for its blockbuster weight loss and diabetes treatment mounjaro sorad.

The company’s Quarterly Earnings Topped Wall Street Estimates, but sales fell just short as mounjaro saw lower realized pructions. Zepbound and mounjaro have no underperformed expectations for two straight qualiers, with the company earlier Pointing to Issues Around Inventory Decreases Among wholesals.

The pharmaceutical giant also Issued fiscal 2025 Profit Guidance of $ 22.05 to $ 23.55 per share, which is in line with what analysts was expecting. Eli lilly reiterated its fiscal 2025 sales guidance of $ 58 billion to $ 61 billion, noting that it expects to launch mounjaro in new international markets Throughout the year.

Eli Lilly Expects to see Guidance for the Market, “The company’s cfo lucas montarce said during an earnings call on Thursday.

Shares of eli lilly rose more than 4% on Thursday.

The figures were consistent with the preliminary results eli lilly shared in January, which disappointed investors. Eli Lilly Had Slashed its 2024 Revenue GuidanceAs it said demand for its weight loss and diabetes drugs would not meet its lofty expectations.

Notably, Eli Lilly Said It Plans to Report Late-STAGE DATA DATA ON Its Next-Generation Obesity Drug retatrutide Later this year, a few months earlier than expected. Retatrutide works differently from any of the treatment on the market, MIMICKING THERE DIFERENT Hunger-Regulating Hormones: GLP-1, GIP and Glucagon.

Here’s what eli lilly reported for the fourth quality compared with what wall street was expecting, based on a survey of analysts by lseg:

• Earnings per share:$ 5.32 adjusted vs. $ 4.95 Expected
• Revenue:$ 13.53 billion vs. $ 13.57 Billion Expected

The company posted fourth -Quarter Revenue of $ 13.53 billion, up 45% from the same period a year ago.

The pharmaceutical giant booked net income of $ 4.41 billion, or $ 4.88 per share, for the fourth Quarter. That compares with a profit of $ 2.19 billion, or $ 2.42 a share, a year earlier.

Excluding one-time items associateed with the value of intangible assets and other adjustments, eli lilly posted earnings of $ 5.32 per share for the fourth Quarter of 2024.

Mounjaro Posted $ 3.53 billion in Revenue for the Fourth Quarter, Up 60% from the year-aarlier period. Analysts had expected the drug to book $ 3.62 billion in Sales for the Quarter, According to Streetaccount.

Eli lilly said the increase reflects strong demand and Increased Supply of Mounjaro, but was paralyzed offset by lower realized prisis due to “favorite changes” in the fourter of 2023 to 2023 to 2023 to 2023 to rebats and Discounts.

Meanwhile, the results cap zepbound’s first full year on the US market. The weekly injection raked in $ 1.91 billion in sales for the fourth quality, which is beLow the $ 1.98 billion that analysts expected, according to streetaccount.

Montarce said zepbound trust the market leader in the obesity market in the fourth Quarter, as measured by new prescriptions.

But demand in the us has still far outpaced supply for Eli Lilly’s Incretin Drugs, Such as Zepbound and Mounjaro, over the last year. Both treatments mimic certain gut hormones to tamp down a person’s appetiite and regulate their blood sugar.

The popularity of that that injectable drugs have forced bot eli lilly and its rival Novo Nordisk to invest billions to ramp up manufacturing capacity for their trees. The efforts appear to be paying off: the food and Drug Administration in December reaffirmed its decision To declar the US shortage of tirzepatide – the active ingredient in zepbound and mounjaro – over.

Eli Lilly on Thursday Estimated that it will produce at least 1.6 times the Amount of Incretin Doses in the First Half of 2025 Compared with the First Half of 2024.

Sales of eli lilly’s older diabetes drugs topped Estimates for the fourth quality. Jardiance raked in $ 1.20 billion in revealed for the period, up 50% from the year-aarlier Quarter. Analysts Expected Sales of $ 901.5 Million, According to Estimates Compiled by Streetaccount.

That growth include a one-time benefits of $ 300 million due to an amendment to eli lilly’s collaboration with its Jardiance Partner Boehringer ingelheim.

The results also kick off a critical year for eli lilly, which is slated to release closely watched Clinical Trial Data on Its Experimental Obesity Pill, Orforglipron. Thos results are expected by the middle of the year.