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Published on 10/18/2006 in the Prospect News Biotech Daily.

Eli Lilly at peer perform by Bear Stearns

Bear Stearns analyst John Boris gave Eli Lilly & Co. a peer perform rating ahead of the company's third-quarter earnings conference call. Boris projects earnings per share of $0.80, or one cent above consensus and the company's guidance of $0.77 to $0.79. Look for Zyprexa global performance and U.S. Cymbalta sales as the most important data points coming from the third-quarter 2006 release, according to the analyst. Shares of the Indianapolis pharmaceutical company were up 70 cents, or 1.22%, at $58.25. (NYSE: LLY)


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