Eli Lilly and Firm (NYSE: LLY) reported its third quarter 2024 earnings outcomes right now.

Worldwide income was $11.44 billion, up 20% in comparison with the identical interval a yr in the past.

GAAP web revenue was $970.3 million, or $1.07 per share, in comparison with a web lack of $57.4 million, or $0.06 per share, final yr. Adjusted EPS was $1.18.

Income and earnings missed expectations, sending the inventory plunging over 13% on Wednesday.  

For fiscal yr 2024, the corporate expects revenues of $45.4-46.0 billion, GAAP EPS of $12.05-12.55 and adjusted EPS of $13.02-13.52.

Prior efficiency