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Elanco Raises Full-Year Outlook as Third-Quarter Profit and Revenue Rise

Elanco lifted its full-year outlook after swinging to a profit and posting higher revenue in the recent quarter, citing higher prices and volumes and market-share gains. It expects adjusted earnings of $1.17 to $1.20 per share.

ELAN

By Connor HartElanco Animal Health lifted its full-year outlook as it swung to a profit and logged higher revenue in the recent quarter, boosted by increased prices and volumes as well as market share gains.The animal-health company on Friday said it now expects adjusted earnings of $1.17 to $1.20…

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