Two More Earnings

Yesterday, Eli Lilly (LLY) reported fourth-quarter earnings, after charges, of $1.07 a share, two cents more than expectations. That’s 19% growth although revenue growth was flat. The company sees 2009 earnings coming between $4.00 and $4.25 a share. That means the stock is going for less than 10 times this year’s earnings, plus it currently yields over 5%.
SEI Investments (SEIC) reported Q4 earnings of 25 cents a share, three pennies below estimates. This will be a difficult year for SEIC, but I still think it’s a solid company.

Posted by on January 30th, 2009 at 4:49 pm

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