LLY Stock Down on Lower-Than-Expected Sales Guidance for Q4
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Eli Lilly (LLY) shares dropped over 6% following a reduction in its 2024 sales outlook. The company's preliminary Q4 revenues also fell short of expectations.
January 15, 2025 | 2:30 pm
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NEGATIVE IMPACT
Eli Lilly's stock fell over 6% due to a lowered sales outlook for 2024 and preliminary Q4 revenues that missed estimates.
The stock price of Eli Lilly (LLY) is negatively impacted due to the company's announcement of a reduced sales outlook for 2024 and preliminary Q4 revenues that did not meet expectations. This news is critical for investors as it directly affects the company's financial performance and future growth prospects.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100