Lantheus Holdings Q1 Adj $1.69 Beats $1.54 Estimate, Sales $370.00M Beat $348.45M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lantheus Holdings (NASDAQ:LNTH) reported Q1 adjusted earnings of $1.69 per share, surpassing the $1.54 estimate, and sales of $370.00M, exceeding the $348.45M estimate. This represents a 14.97% increase in earnings and a 23.01% increase in sales from the same period last year.
May 02, 2024 | 11:08 am
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Lantheus Holdings reported a significant beat on both earnings and sales estimates for Q1, with earnings per share at $1.69 and sales at $370.00M, indicating strong financial performance.
The substantial beat on both earnings and sales estimates by Lantheus Holdings, coupled with significant year-over-year growth in these metrics, suggests a positive outlook for the company's financial health and operational efficiency. This performance is likely to instill investor confidence and could lead to a short-term uptick in the stock price, reflecting the company's stronger-than-expected financial results.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100