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Why Eli Lilly Stock Popped on Thursday
LLYLilly(LLY) The Motley Fool·2025-02-06 16:29

Core Insights - Eli Lilly's Q4 earnings report showed strong performance, with earnings per share at 5.32andsalesat5.32 and sales at 13.5 billion, surpassing analyst expectations of 5.08pershareand5.08 per share and 13.4 billion in sales [1][2] Financial Performance - Q4 sales increased by 45% year over year, driven by strong demand for GLP-1 drugs Mounjaro and Zepbound, while non-GLP-1 drug sales also grew by 20% [2] - GAAP earnings per share more than doubled to 4.88,reflectinga1024.88, reflecting a 102% year-over-year growth, while full-year sales grew by 32% to 45 billion [3] Future Outlook - CEO David Ricks described 2024 as "highly successful," with projections for 2025 sales between 58billionand58 billion and 61 billion, indicating potential growth of up to 35.5% [4] - Earnings per share for 2025 are expected to range from 22.05to22.05 to 23.55, suggesting a strong outlook for continued earnings growth [4][5] - Current stock pricing at approximately 37 times the current year earnings, combined with the potential for doubling earnings annually, supports the argument for Eli Lilly stock as a buy [5]