11:14 AM EDT, 05/02/2024 (MT Newswires) -- Lantheus Holdings' ( LNTH ) shares jumped 13% in recent Thursday trading after the radiopharmaceutical company reported higher Q1 adjusted earnings and revenue that also were ahead of analysts' expectations.

The company reported Q1 adjusted diluted earnings of $1.69, up from $1.47 a year earlier.

Analysts surveyed by Capital IQ expected $1.54.

Revenue for the quarter ended March 31 was $370 million, up from $300.8 million a year earlier.

Analysts polled by Capital IQ expected $349.2 million.

The company said it expects Q2 adjusted diluted earnings of $1.81 to $$1.86 on revenue of $380 million to $390 million. Analysts surveyed by Capital IQ expect $1.66 on revenue of $356.9 million.

Lantheus ( LNTH ) said it expects full-year 2024 adjusted diluted earnings of $7 to $7.20, up from previous guidance of $6.50 to $6.70. Analysts surveyed by Capital IQ expect $6.58.

The company expects revenue for the year of $1.50 billion to $1.52 billion, up from the previous guidance of $1.41 billion to $1.45 billion. Analysts surveyed by Capital IQ expect $1.43 billion.

Price: 76.60, Change: +9.21, Percent Change: +13.67