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How Will Eli Lilly (LLY) Stock React to Upcoming Q1 Earnings?

NEW YORK (TheStreet) -- Eli Lilly and Co. (LLY - Get Report) stock is down by 0.19% to $77.68 in midday trading on Monday, before the Indianapolis-based pharmaceutical company reports its 2016 first quarter financial results before Tuesday's market open.

Analysts are expecting Eli Lilly to report a year-over-year decline in earnings per share, but a 3.7% increase in revenue.

Wall Street has estimated earnings of 85 cents per share on revenue of $4.82 billion for the latest quarter.

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