Eli Lilly & Co. (LLY) Earnings Beat Expectations, Raises Guidance

Eli Lilly & Co. (NYSE:LLY) released its earnings report for the three months of the year ended June 30 this morning before the market opened on Wall Street. The company reported earnings per share of $1.16 on revenue of $5.9 billion. On Tuesday’s market, shares in Eli Lilly & Co. (NYSE:LLY) closed at $50.99 per share. After this morning’s earnings announcement the company’s shares rose in pre-market trading. In the run up to the announcement of these earnings numbers analysts following Eli Lilly & Co. (NYSE:LLY) were looking for earnings of $1.01 per share from the company in today’s earnings…