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

Lantheus Holdings

03/05/2024 09:30

* Lantheus Holdings Inc  LNTH.OQ  reported quarterly
adjusted
earnings of $1.69​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of $1.47.  The mean expectation of eleven analysts
for the quarter was for earnings of $1.54 per share. Wall Street
expected results to range from $1.52  to $1.62 per share.
    * Revenue rose 23% to $369.98 million from a year ago;
analysts
expected $348.45 million. 
    * Lantheus Holdings Inc's reported EPS for the quarter was
$1.87​.
    * The company reported quarterly net income of $131.07
million.
    * Lantheus Holdings Inc shares had risen by 25.6% this
quarter and
gained 26.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.2%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
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 $100.00 
This summary was machine generated from LSEG data May 3 at 08:30
a.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
 Mar. 31 2024      1.54           1.69           Beat
 Dec. 31 2023      1.45           1.75           Beat
 Sep. 30 2023      1.32           1.47           Beat
 Jun. 30 2023      1.31           1.54           Beat