1 Big Pharma Stock's Big Earnings Beat

Eli Lilly's second quarter results soundly topped Wall Street expectations on both the top and bottom lines, and the company triumphantly raised its full-year guidance midpoint by 5%.

The earnings beat was a combination of factors including slashing operating expenses and seeing big gains from key drugs like Cymbalta, which saw 22% growth for the quarter.

In this video, health care analyst David Williamson discusses the quarterly highlights, key takeaways for Eli Lilly investors, and important catalysts coming for the stock in the back half of 2013.

Rising health care costs continue to be a hotly debated topic, and even legendary investor Warren Buffett called this trend "the tapeworm that's eating at American competitiveness." To learn more about what's happening to the health care system -- and how to potentially profit from this trend -- click here for free, immediate access.

Follow David on Twitter: @MotleyDavid.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2570109, ~/Articles/ArticleHandler.aspx, 10/25/2014 12:21:53 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement