Tag Archives: Letdown

We’re downgrading Lilly and asking ourselves tough questions after its obesity pill letdown

We’re downgrading Lilly and asking ourselves tough questions after its obesity pill letdown

Eli Lilly delivered strong second-quarter results on Thursday, but shares are plummeting because of disappointing data for a key late-stage trial. It’s forcing us to ask ourselves difficult questions about this once-loved stock. Revenue in the three months ended June 30 jumped 38% year over year to $15.56 billion, beating Wall Street expectations of $14.71 billion, according to LSEG. Adjusted …

Read More »

Netflix Is at Risk of Earnings Letdown After $250 Billion Rally – Bloomberg.com

Netflix Is at Risk of Earnings Letdown After $250 Billion Rally  Bloomberg.com Netflix posts earnings beat as revenue grows 16% in second quarter  CNBC Netflix Raises Revenue, Margin Forecasts After Strong Second Quarter  The Wall Street Journal Netflix earnings top estimates as company raises full-year revenue forecast  Yahoo Finance Netflix Earnings: What to Expect—and How It Might Affect the Stock  Barron’s Source link

Read More »