Lantheus shares are trading higher after the company reported better-than-expected Q1 results and raised its FY24 adjusted EPS outlook.
Portfolio Pulse from Benzinga Newsdesk
Lantheus shares surged following the announcement of stronger than anticipated Q1 results and an upward revision of its FY24 adjusted EPS forecast.
May 02, 2024 | 1:18 pm
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Lantheus shares experienced a significant increase after reporting Q1 earnings that exceeded expectations and improving its FY24 adjusted EPS guidance.
The positive earnings report and raised EPS outlook for FY24 directly impact investor sentiment and the stock's attractiveness, likely leading to a short-term increase in Lantheus' stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100