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Eli Lilly stock tumbles 10% after missing estimates and slashing profit guidance

CNBC
Summary
Nutrition label

83% Informative

Eli Lilly reported third-quarter adjusted profit and revenue that missed expectations, sending its stock tumbling roughly 10% .

The drugmaker now expects full-year adjusted earnings of between $13.02 to $14.52 per share, down from $ 16.60 per share.

Eli Lilly also lowered the high-end of its revenue outlook for the year and now expects sales of $45.4 billion and $46 billion .

VR Score

86

Informative language

89

Neutral language

25

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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