, with quarterly earnings of $2.75 per share. Revenue also beat Street projections, boosted by strong sales of its diabetes drugs as well as the launch of its Covid-19 antibody treatment. Shares of Lilly rose 1.8% in premarket trading as of 7:45 a.m. ET. – The industrial conglomerate earned $2.07 per share for the fourth quarter, 7 cents a share above estimates, with a beat for revenue as well.
The payment network operator's revenue also topped Wall Street forecasts. Visa benefited from a surge in online shopping during the holiday period, with overall payment volume up 5%. The company also announced an $8 billion stock buyback. – Mondelez came in a penny a share ahead of Street forecasts, with quarterly profit of 67 cents per share. The maker of Oreos and other snack foods reported better-than-expected revenue as well.
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