Eli Lilly And Co (NYSE:LLY) is scheduled to report its quarterly results on Thursday.

The company is likely to report its first-quarter results in line with peers, with some tariff and policy-related commentary during the earnings call, according to Goldman Sachs.

The Eli Lilly Analyst: Analyst Asad Haider maintained a Buy rating and price target of $888.

The Eli Lilly Thesis: "We expect a decent showing from the tirizepatide franchise (Mounjaro/Zepbound) following the uneven performance featuring misses in the last two quarters," Haider wrote in the note.

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Investors are likely to focus on Eli Lilly's obesity franchise, where the company has "continued to solidify its leadership position and frontrunner status in both the GLP-1 injectible market," he added.

Investor focus should also be on the oral obesity pill market, "on the heels of the recent positive ACHIEVE-1 readout for orforglipron int T2D patients," the analyst stated.  

The ATTAIN-1 trial is expected in the third quarter and will be "orforglipron's first readout in obesity and hence represents a significant event in the oral obesity space," he wrote.

LLY Price Action: Shares of Eli Lilly had risen by 1.61% to $891.25 at the time of publication on Tuesday.

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