Lantheus Raises Lower End Of FY23 Revenue Guidance From $1.245B - $1.27B To $1.255B - $1.27B Vs. $1.26B Est.
Portfolio Pulse from Benzinga Newsdesk
Lantheus has increased the lower end of its FY23 revenue guidance from $1.245B to $1.255B, while the upper end remains at $1.27B. The new range is slightly below the estimated $1.26B.
November 02, 2023 | 11:12 am
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Lantheus' revised FY23 revenue guidance, although slightly below estimates, may be seen as a positive sign by investors as it indicates a potential increase in revenues.
The increase in the lower end of Lantheus' FY23 revenue guidance indicates that the company is expecting a potential increase in its revenues. Although the new range is slightly below the estimated $1.26B, it may still be seen as a positive sign by investors as it shows the company's confidence in its financial performance. This could potentially lead to a short-term increase in the company's stock price.
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