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LNTH — Lantheus Holdings News Story

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Lantheus Q2 revenue rises 2.7%, beats estimates

Lantheus Q2 revenue rises 2.7%, beats estimates


Overview

  • Radiopharmaceutical company's Q2 revenue rose 2.7% yr/yr, beating analyst expectations

  • Adjusted EPS for Q2 beat consensus at $1.55

  • Company to be acquired by Curium in deal valued up to $8 bln


Outlook

  • Company is suspending previously issued full-year 2026 financial guidance due to pending merger


Result Drivers

  • PYLARIFY DECLINE - Sales of PYLARIFY fell 4.1% yr/yr in Q2

  • DEFINITY GROWTH - Sales of DEFINITY rose 5.2% yr/yr in Q2

  • SPECT REVENUE LOSS - SPECT revenue fell to zero from $31.9 mln a year ago


Company press release: ID:nGNX1z5081


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

Beat

$388.20 mln

$362.42 mln (11 Analysts)

Q2 Adjusted EPS

Beat

$1.55

$1.30 (11 Analysts)

Q2 EPS

$1.11


Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy."

  • Wall Street's median 12-month price target for Lantheus Holdings, Inc. is $102.50, about 1% above its August 5 closing price of $101.50

  • The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago


Reuters Recommended Reads

  • Aug 3 - Curium deepens radiopharma heft with up to $8 billion deal for Lantheus

  • Aug 4 - Revvity raises annual profit, revenue forecasts on strong diagnostics demand

  • Aug 5 - Caris Life Sciences Q2 revenue rises 45% on the back of molecular profiling services


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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