Eli Lilly Tops Estimates And Boosts Guidance

Eli Lilly (NYSE:LLY) reported Q1 EPS of $0.92, topping estimates of $0.79.Revenues in the quarter came in at $5.6 billion, vs. estimates of $5.39 billion.The company still sees annual revenues of $21.8 billion – $22.8 billion, vs. estimates of $22.4 billion.However, Lilly now sees 2012 EPS of $3.15-$3.30, vs. its prior guidance of $3.10-$3.20 as of Jan. 31, and estimates of $3.18.

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