One-time charges give Lilly quarterly loss of $2.4 million

... AP Wire One-time charges give Lilly quarterly loss of $2.4 million Subscriber Services Complete Forecast Search Recent News Archives Web for Classifieds Jobs Cars Real Estate Rentals Stuff Personals Shop Local News Sports Entertainment Business Technology Tropical Life & Home Opinion Visitor's Guide ONLINE EXTRAS Today's Front Page Email Newsletters Message Boards Contests Special Sections Web Cams Traffic Reports Maps & Directions Yellow Pages SITE SERVICES Contact Us Site Map Advertise Newspaper Services Back to Home Wednesday, Jan 26, 2005 National email this print this Posted on Wed, Jan.

26, 2005 One-time charges give Lilly quarterly loss of $2.4 million CHARLES WILSON Associated Press INDIANAPOLIS - Eli Lilly and Co.

reported a fourth-quarter loss of $2.4 million and broke even on per-share earnings despite a 5 percent increase in sales over the year-ago period, primarily due to one-time restructuring costs and taxes on overseas earnings.

Excluding about $990 million in those and other one-time charges, the Indianapolis-based pharmaceutical giant reported net income of $814.3 million, or 75 cents a share, for the three months ending Dec.

31, beating analysts' predictions by one cent.

Sales of the anti-psychotic Zyprexa, the company's best seller, were $1.085 billion for the quarter, down 5 percent compare...

Read more...

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 | 91 | 92 | 93 | 94 | 95 | 96 | 97 | 98 | 99 | All news