Lantheus Expects Q3 Revenues Of $310M-$315M, Vs. $316.89M Consensus
Portfolio Pulse from Benzinga Newsdesk
Lantheus Holdings Inc. (LNTH) has projected its Q3 revenues to be between $310M and $315M, which is slightly below the consensus estimate of $316.89M. The company also expects its Q3 adjusted EPS to be between $1.30 and $1.35, lower than the consensus of $1.37.
August 04, 2023 | 1:02 pm
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NEGATIVE IMPACT
Lantheus' lower than expected Q3 revenue and EPS forecasts may negatively impact its stock price in the short term.
Lantheus' projected Q3 revenues and adjusted EPS are both lower than the consensus estimates. This could lead to a negative market reaction, potentially causing a short-term decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100