Posted 12/8/2023, 10:45:12 PM
Eli Lilly Stock Rises Despite Lagging Market as Earnings Growth Expected
- Eli Lilly (LLY) stock rose 1.66% on a day the S&P 500 gained 0.41% and Dow was up 0.36%
- LLY shares have lagged the broader market over the past month
- Upcoming LLY earnings expected to show 33.49% YoY earnings growth and 21.54% revenue growth
- Full-year consensus estimates project -16.62% EPS change and +17.88% revenue change for LLY
- LLY stock currently sports a Zacks Rank #3 (Hold) and premium valuation versus industry peers