Eli Lilly beats on earnings even as weight loss, diabetes drug sales fall short

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Eli Lilly beats on earnings even as weight loss, diabetes drug sales fall short
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Zepbound and Mounjaro have now underperformed expectations for two straight quarters.

Eli Lilly reported mixed results for the fourth quarter, even as demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro soared.

The pharmaceutical giant also issued fiscal 2025 profit guidance of $22.05 to $23.55 per share, which is in line with what analysts were expecting. Eli Lilly reiterated its fiscal 2025 sales guidance of $58 billion to $61 billion.later this year, a few months earlier than expected. Retatrutide works differently from any of the treatments on the market, mimicking three different hunger-regulating hormones: GLP-1, GIP and glucagon.

Eli Lilly said the increase reflects strong demand and increased supply of Mounjaro, but was partially offset by lower realized prices due to "favorable changes" in the fourth quarter of 2023 to estimates for rebates and discounts.

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