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2012

Written by Stephen Smith
January 6, 2012

Eli Lilly Forecast Tough 2012 for Earnings

Although Eli Lilly expects to meet or exceed their current earnings per share guidance for 2011 of $3.84-$3.89, the company has announced that profits for 2012 will be $3.10-$3.20 per share, well below analysts’ estimations. The latter prediction is based on 2012 revenues of $21.8-$22.8 billion, which includes an expected reduction of over $3 billion

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