Eli Lilly and Company (LLY) will report Q1 earnings before the market opens tomorrow

Current Cap IQ Consensus estimates Q1 adj. EPS of $ 2.13 (vs $ 1.75 last year) on revs of $6.97 bln, +18.9%

LLY will provide an update to FY 21 guidace. Current Consensus estimates FY 21 EPS of $8.29 (vs $7.93 last year) on revs of $27.82 bln, +13%.

TECHS

Last quarter, LLY crushed Q4 estimates and reaffirmed FY 21 guidance. Shares ripped to a new all-time high at 218 following the report.

On March 15, shares fell 9% ( to close below 190) after the Co presented disappointing Phase 2 TRAILBLAZER-ALZ results. Shares have been range bound and traded in the 180-186 range since last report.

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