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Eli Lilly raises FY23 adjusted EPS view to $8.35-$8.55 from $8.10-$8.30
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Eli Lilly raises FY23 adjusted EPS view to $8.35-$8.55 from $8.10-$8.30

Consensus $8.28. Backs FY23 revenue view $30.3B-$30.8B, consensus $30.55B. Sees FY23 tax rate 13%. Sees FY23 gross margin as a percent of revenue 79%. Anat Ashkenazi, Lilly’s executive vice president and chief financial officer added: "As we closed out 2022, Lilly demonstrated strong growth and achieved meaningful pipeline progress that included the launch for Mounjaro in type 2 diabetes. We expect to capitalize on this momentum and deliver mid-teen revenue growth for our core business in 2023 while remaining committed to investing in innovation, late-stage opportunities, manufacturing capacity, and our people."

Published first on TheFly

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