Herbalife Ltd reports results for the quarter ended in June - Earnings Summary

Herbalife

03/08/2023 03:52

* Herbalife Ltd  HLF.N  reported quarterly adjusted earnings
of 74
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
69 cents per share.
    * Revenue fell 5.7% to $1.31 billion from a year ago;
analysts
expected $1.28 billion. 
    * Herbalife Ltd's reported EPS for the quarter was 60
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Herbalife Ltd shares had risen by 23.3% this quarter and
gained 9.7% so far this year.
    * The company reported quarterly net income of $59.9
million.
    * Wall Street's median 12-month price target for Herbalife
Ltd is
$20.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 02:51 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.69           0.74           Beat
 Mar. 31 2023      0.66           0.54           Missed
 Dec. 31 2022      0.34           0.53           Beat
 Sep. 30 2022      0.80           0.91           Beat