Lantheus Holdings Inc reports results for the quarter ended in June - Earnings Summary

Lantheus Holdings

31/07/2024 15:50

* Lantheus Holdings Inc  LNTH.OQ  reported quarterly
adjusted
earnings of $1.80​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of $1.54.  The mean expectation of eleven analysts
for the quarter was for earnings of $1.83 per share. Wall Street
expected results to range from $1.81  to $1.85 per share.
    * Revenue rose 22.5% to $394.09 million from a year ago;
analysts
expected $382.15 million. 
    * Lantheus Holdings Inc's reported EPS for the quarter was
88
cents​.
    * The company reported quarterly net income of $62.07
million.
    * Lantheus Holdings Inc shares had risen by 36.7% this
quarter and
gained 77.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 10.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for Lantheus Holdings
Inc is $145.50 
This summary was machine generated from LSEG data July 31 at
02:50 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      1.83           1.80           Missed
 Mar. 31 2024                     1.69           
 Dec. 31 2023                     1.75           
 Sep. 30 2023      1.32           1.47           Beat