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Why Eli Lilly Stock Just Popped

TheMotleyFool

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Eli Lilly (NYSE: LLY) stock jumped 8.7% through 10:20 a.m. ET Thursday after crushing on earnings and raising guidance this morning.

Heading into the Q1 earnings report, analysts expected Lilly to earn $6.97 per share on quarterly sales of $17.6 billion. In fact, Lilly earned $8.55 per share, non-GAAP, on $19.8 billion in sales.

Image source: Getty Images.

Source Fool.com

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