NEW YORK / LONDON (IT BOLTWISE) – Eli Lilly shares have reached a new 52-week high and are showing impressive gains. The company is making a strong statement in the market with a 3.2 percent increase to $935.48 in the New York session. Analysts continue to expect positive developments that could further boost the price.
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Eli Lilly stock recently hit a new 52-week high, indicating strong performance from the company. In the New York session, the share price rose 3.2 percent to $935.48, just missing the previous daily high of $935.71. The trading day began at a price of $910.00, highlighting the momentum of the rise.
A look at its most recent quarterly results shows that Eli Lilly has posted impressive growth. The company reported earnings per share of $6.21, compared to $1.07 a year ago. Sales also rose to $17.60 billion from $11.44 billion in the same quarter last year. These figures demonstrate Eli Lilly’s strong market position and the successful implementation of its business strategy.
Analysts estimate that Eli Lilly could report earnings of $23.37 per share in 2025. These forecasts reflect the experts’ confidence in the company’s future development. Eli Lilly also plans to increase its dividend from $5.20 in 2024 to $5.92 per share, further increasing the stock’s attractiveness for investors.
Eli Lilly’s success is also due to the strategic expansion of its product portfolio. The company plans to build a new factory in the Netherlands and recently launched a second Alzheimer’s drug in Germany. These moves demonstrate Eli Lilly’s commitment to strengthening its market presence and offering innovative solutions.
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