Eli Lilly and Co Q2 2021 Earnings Call Summary - Thomson StreetEvents

Eli Lilly and Co Q2 2021 Earnings Call Summary

Eli Lilly and Co Q2 2021 Earnings Call Summary - Thomson StreetEvents
Eli Lilly and Co Q2 2021 Earnings Call Summary
Published Aug 03, 2021
28 pages (16913 words) — Published Aug 03, 2021
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of LLY.N earnings conference call or presentation 3-Aug-21 1:00pm GMT

  
Brief Excerpt:

...A. Overview: Encouraged by the increasing worldwide vaccination rates, as well as the underlying environment in most of the major markets. 1. 2. COVID-19-related stocking in 1Q, followed by destocking in 2Q of last year, complicates quarterly performance comparisons. Looking at revenue growth in 1H21 better reflects the underlying trends in Co.'s business. a. 3. In 1H21, delivered 11% growth in core business. This excludes COVID-19 antibody revenue. a. b. This was buoyed by strong volume-driven growth across key brands and major geographies, including US, Europe and China. 4. 2Q21 revenue grew 23% vs. 2Q20, or 20% percent in constant currency. This performance was driven entirely by volume growth of 22 percentage points. a. 5. Saw a reversal of the $250m pandemic-related product stocking, which occurred in 1Q20. 6. Excluding COVID-19 antibody revenue, 2Q20 COVID-19-related destocking and the sale of Cialis in China, core business grew 12%, up from 7% in 1Q on the same basis. 7. Saw sequential...

  
Report Type:

Brief

Source:
Company:
Eli Lilly and Co
Ticker
LLY.N
Time
1:00pm GMT
Format:
PDF Adobe Acrobat
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Eli Lilly and Co Q2 2021 Earnings Call Transcript – 2021-08-03 – US$ 54.00 – Edited Transcript of LLY.N earnings conference call or presentation 3-Aug-21 1:00pm GMT

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Eli Lilly and Co at Guggenheim Biopharma's Next Decade Virtual Conference Transcript – 2021-06-18 – US$ 54.00 – Edited Transcript of LLY.N presentation 18-Jun-21 3:00pm GMT

Eli Lilly and Co at Goldman Sachs Global Healthcare Conference (Virtual) Transcript – 2021-06-09 – US$ 54.00 – Edited Transcript of LLY.N presentation 9-Jun-21 12:50pm GMT

Eli Lilly and Co at UBS Global Healthcare Virtual Conference Transcript – 2021-05-26 – US$ 54.00 – Edited Transcript of LLY.N presentation 26-May-21 2:00pm GMT

Eli Lilly and Co at Bank of America Global Research Healthcare Conference (Virtual) Transcript – 2021-05-11 – US$ 54.00 – Edited Transcript of LLY.N presentation 11-May-21 1:30pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Eli Lilly and Co Q2 2021 Earnings Call Summary" Aug 03, 2021. Alacra Store. May 14, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-Eli-Lilly-and-Co-Earnings-Call-B13311674>
  
APA:
Thomson StreetEvents. (2021). Eli Lilly and Co Q2 2021 Earnings Call Summary Aug 03, 2021. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-Eli-Lilly-and-Co-Earnings-Call-B13311674>
  
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