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Lilly tops quarterly forecasts

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Indianapolis-based Eli Lilly and Co. beat Wall Street expectations in the third quarter.

Earnings were $555.6 million, or 53 cents per share. Adjusted for nonrecurring costs, earnings came to $1.05 per share. Analysts expected $1.03 per share.

Revenue of $5.7 billion topped analysts' forecasts of $5.5 billion.

Read more from The Associated Press.

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