Herbalife Ltd expected to post earnings of 35 cents a share - Earnings Preview

Herbalife

29/04/2024 21:42

* Herbalife Ltd  HLF.N   HLF  is expected to show a rise in
quarterly revenue when it reports  results on May 1 for the
period ending March 31 2024
    * The George Town Cayman Islands-based   company is expected
to
report a 0.9% increase in revenue to $1.264 billion from $1.25
billion a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on March 20
2024, for the period ended March 31, was for revenue between
$1.26 billion and $1.29 billion.
    * ​LSEG's mean analyst estimate for Herbalife Ltd is for
earnings
of 35 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Herbalife
Ltd is
$10.00​, above​ its last closing price of $8.81. ​​​

The company's guidance on March 20 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD1.264621 billion and USD130
million.The company's guidance on March 20 2024 for the period
ended March 31 was for Capital Expenditures between USD30
million and USD40 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.40        0.39       0.28      Missed  -29.1
 Sep. 30 2023  0.73        0.73       0.65      Missed  -10.7
 Jun. 30 2023  0.70        0.69       0.74      Beat    6.8​
 Mar. 31 2023  0.66        0.66       0.54      Missed  -17.6
 ​​Jan.        0.39        0.34       0.53      Beat    57
 1 0001                                                 
 Sep. 30 2022  0.81        0.80       0.91      Beat    14.4​
 Jan. 1 0001   0.58        0.61       0.96      Beat    57.6
 Jan. 1 0001   0.90        0.90       0.99      Beat    9.8
 This summary was machine generated April 29 at 20:42 GMT.  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)