Lantheus Cuts FY24 Adj. EPS Outlook Form $7.00-$7.20 To $6.60-$6.70 Vs. $7.07 Estimate, Maintains Revenue Outlook Of $1.50B-$1.52B Vs. $1.51B Estimate
Portfolio Pulse from Benzinga Newsdesk
Lantheus has revised its FY24 adjusted EPS outlook from $7.00-$7.20 to $6.60-$6.70, which is below the $7.07 estimate. However, the company has maintained its revenue outlook of $1.50B-$1.52B, in line with the $1.51B estimate.
July 31, 2024 | 11:14 am
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Lantheus has lowered its FY24 adjusted EPS outlook to $6.60-$6.70 from $7.00-$7.20, which is below the $7.07 estimate. The revenue outlook remains unchanged at $1.50B-$1.52B, matching the $1.51B estimate.
The reduction in the EPS outlook is likely to negatively impact investor sentiment and the stock price in the short term, despite the revenue outlook remaining unchanged.
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