By Katherine Hamilton
Lantheus Holdings shares rose after its adjusted earnings for the fourth quarter and 2025 outlook estimates were higher than expected.
The stock climbed 20%, to $96.36. The stock has gained about half its value over the past year.
The Bedford, Mass., radiopharmaceutical company said it expects adjusted earnings per share to be $7 to $7.20 a share in 2025. Analysts polled by FactSet were expecting $6.98 a share.
It also guided for $1.55 billion to $1.61 billion in revenue this year, compared with the $1.61 billion forecast by Wall Street.
For the fourth quarter, Lantheus posted a loss of $11.8 million, or 17 cents a share, compared with a profit of $103.4 million, or $1.47 a share, the prior year. Adjusted earnings per share of $1.59 were 5 cents more than analysts expected.
Revenue rose about 11%, to $391.1 million, ahead of analysts' expectations of $376.1 million.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
February 26, 2025 11:59 ET (16:59 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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