earnings per share

The Austin, Texas-based company reported adjusted earnings per share of 27 cents, well below analysts’ expectations of 41 cents.

Companies in the S&P 500 are on track to report growth of 5.4% for their earnings per share in the first three months of the year versus a year earlier, according to FactSet.

But both Apple’s revenue and earnings per share came in slightly above analysts projections, according to FactSet Research.

For the full year, Lilly raised its forecasted range for adjusted earnings per share by more than a dollar.

Revenue and earnings per share also missed estimates.