Lantheus Q2 2024 Adj. EPS $1.80 Misses $1.83 Estimate, Sales $394.091M Beat $382.153M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lantheus Holdings (NASDAQ:LNTH) reported Q2 2024 earnings per share (EPS) of $1.80, missing the analyst estimate of $1.83 by 1.64%. However, the company beat sales estimates with $394.091 million, a 22.50% increase from the same period last year.
July 31, 2024 | 11:11 am
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Lantheus Holdings reported Q2 2024 EPS of $1.80, missing the $1.83 estimate, but sales of $394.091M beat the $382.153M estimate. EPS increased by 16.88% YoY, and sales increased by 22.50% YoY.
The mixed results, with EPS missing estimates but sales beating expectations, suggest a neutral short-term impact on LNTH's stock price. The significant YoY growth in both EPS and sales is positive, but the EPS miss may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100