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Eli Lilly beats Q1 estimates, raises 2026 outlook on strong GLP-1 drug sales

Company Fundamentals
30 Apr 2026
Proactive Investors
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Bullish
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Eli Lilly reported Q1 2026 earnings with adjusted EPS of $8.55, surpassing estimates, and revenue of $19.8 billion, up 56% year-over-year. The growth was driven by high demand for diabetes and obesity drugs Mounjaro and Zepbound. Lilly raised its full-year revenue guidance to $82-$85 billion and adjusted EPS to $35.50-$37, citing FDA approval of Foundayo, a new oral GLP-1 therapy expected to expand patient access. The company also announced positive clinical trial results and acquisitions to boost its pipeline in RNA, oncology, and biologics.

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