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Lilly updates strategic priorities, pipeline progress and earnings guidance for Wall Street

Published in Obesity and Diabetes Week, January 1st, 2007

Eli Lilly and Company (LLY) reviewed its strategic priorities, highlighted the progress of its expanding product portfolio and pipeline and provided investors with sales and earnings guidance for 2006 and 2007 at its annual meeting with the investment community.

Lilly reconfirmed its 2006 sales guidance of growing at approximately the low end of 7 to 9% and reiterated its 2006 earnings guidance of $3.10 to $3.20 per share on an adjusted basis, or $2.74 to $2.84 on a reported basis, excluding any other future, material unusual items. Lilly anticipates 2007 sales growth in the high single or low double digits and earnings of $3.25 to $3.35 per share on a reported basis,...

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