Elanco Animal Health Raises Innovation Sales Outlook From $375M-$410M To $400M-$450M In 2024 And Expects Innovation Sales Of $600M-$700M By The End Of 2025
Portfolio Pulse from Benzinga Newsdesk
Elanco Animal Health has raised its innovation sales outlook for 2024 from $375M-$410M to $400M-$450M and expects innovation sales of $600M-$700M by the end of 2025.
June 27, 2024 | 10:39 am
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Elanco Animal Health has increased its innovation sales outlook for 2024 and expects significant growth by the end of 2025. This positive revision indicates strong future performance and potential revenue growth.
The upward revision in sales outlook suggests that Elanco Animal Health is experiencing strong demand and successful innovation, which is likely to boost investor confidence and positively impact the stock price in the short term.
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