Eli Lilly easily tops quarterly estimates, raises outlook as Zepbound and Mounjaro sales surge

Eli Lilly has reported second-quarter earnings and revenue that exceeded estimates, driven by strong demand for its weight loss drug Zepbound and diabetes treatment Mounjaro. The company's worldwide revenue for Mounjaro rose 91% to $9.94 billion for the quarter, with U.S. sales reaching $4.8 billion.

As a result, Eli Lilly has raised its full-year sales outlook. The company now expects 2026 revenue to be between $85 billion and $87 billion, up from its previous guidance of $82 billion to $85 billion.

The company's adjusted profit is now projected to be between $35.50 and $36.50 per share. Shares of Eli Lilly rose more than 5% in premarket trading following the announcement, according to CNBC.

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