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Eli Lilly And Co Comments On FY 2014 Revenue Guidance; Expects To Buy Back About $5 Billion Of Shares; Maintains Current Level Dividend-Reuters

Thursday, 3 Oct 2013 07:23am EDT 

Reuters reported that Eli Lilly And Co said slowing growth in key emerging markets would make it difficult to meet its minimum revenue goal of $20 billion in fiscal 2014. Lilly also said it expected to buy back about $5 billion of shares over time and maintain its dividend at least at current levels. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $20 billion for fiscal 2014. 

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-1.35 -1.86%
12:15pm EDT