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Monday, April 18, 2005
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Eli Lilly 1Q Profit Up Despite Weak Sales
By KEN KUSMER
AP Business Writer
The Associated Press - Monday, April 18, 2005
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INDIANAPOLIS, Ind. Eli Lilly & Co. on Monday said its profits climbed during the first quarter despite eroding sales of its anti-psychosis drug Zyprexa and attention deficit disorders treatment Strattera, which has a new warning about side effects. Lilly also said second quarter earnings would fall short of current Wall Street estimates, but it expected to meet investors' expectations for the full year. Lilly earned $736.6 million, or 68 cents per share, in the January-March period, up from $400.4 million, or 37 cents per share, during the same period a year ago. The 2004 figures reflected one-time research and development costs of $362.3 million. Excluding that expense, and assuming the expensing of stoc... 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 |