Eli Lilly Stock Dips Slightly But Still Outperforms Broader Markets Over Past Month Ahead of Q4 Earnings Release
• Eli Lilly (LLY) stock fell 0.89% on Tuesday while broader markets declined slightly less • LLY stock is up 9.44% over the past month, outpacing sector and market gains • LLY expected to report strong 32.54% EPS growth to $2.77 when it releases Q4 earnings on February 6, 2024 • Revenue also seen jumping 21.38% to $8.86 billion in the quarter • Valuation remains premium relative to industry average, with forward P/E of 50.73 and PEG of 2.04