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Jim Cramer on Eli Lilly and Company (LLY)'s Q4 2024 Performance: 'Aren't As Strong As Wall Street Was Hoping'


Published on 2025-01-19 06:41:04 - MSN
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  • We recently compiled a list of the 9 Stocks on Jim Cramer's Radar. In this article, we are going to take a look at where Eli Lilly and Company (NYSE:LLY) stands against the other stocks on Jim Cramer's radar.

Jim Cramer discussed Eli Lilly and Company's (LLY) Q4 2024 performance on CNBC, noting that the company's results did not meet Wall Street's expectations. Despite Eli Lilly reporting a significant year-over-year revenue increase, the growth was primarily driven by Mounjaro, their diabetes drug, while other segments underperformed. Cramer highlighted that while the company's earnings per share were above consensus estimates, the overall revenue fell short, leading to a mixed reaction in the stock market. He also mentioned concerns about the sustainability of Mounjaro's sales growth and the competitive landscape in the pharmaceutical industry, suggesting that investors should temper their expectations for Eli Lilly's stock in the near term.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/jim-cramer-on-eli-lilly-and-company-lly-s-q4-2024-performance-aren-t-as-strong-as-wall-street-was-hoping/ar-AA1xsqku ]
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