Elanco gains after revenue, profit forecast raise

** Shares of animal health co Elanco ELAN.N rise 17.4% to $16.37

** Co raises annual revenue forecast to be between $4.57 billion to $4.62 billion, compared to prior expectations of between $4.51 billion to $4.58 billion

** Sees 2025 adjusted profit per share to be between 85 cents and 91 cents, above the range of 80 cents to 86 cents previously expected

** Expects Q3 rev to be between $1.08 billion and $1.11 billion compared to est. of estimates of $1.08 billion, according to LSEG data

** Co sees Q3 adj EPS to be between 12 cents and 16 cents vs est of 13 cents

** "2025 momentum continues with another beat & raise" - Brokerage Leerink

** Stock up 35.8% YTD