The Motley Fool Previous Page


See You on the Other Side of the Cliff

http://www.fool.com/investing/value/2011/04/19/see-you-on-the-other-side-of-the-cliff.aspx

Brian Orelli
April 19, 2011

Eli Lilly (NYSE: LLY  ) beat analysts' earnings expectations every quarter last year and started this year out with another overshoot, bringing in an adjusted $1.24 per share compared with the $1.17 per share analysts were expecting.

The solid quarter came from a combination of increased foreign revenue and continued cost cutting. The adjusted earnings ignores the cost of its licensing deal with Boehringer Ingelheim for a piece of Boehringer's dia