Herbalife Nutrition Ltd expected to post earnings of 80cents a share - Earnings Preview

Herbalife

28/10/2022 22:13

* Herbalife Nutrition Ltd  HLF.N   HLF  is expected to show
a fall
in quarterly revenue when it reports  results on October 31. 
    * The George Town Cayman Islands-based   company is expected
to
report  a 9.1% decrease in revenue to $1.3 billion from $1.43
billion a year ago, according to the estimate from one analyst,
based on Refinitiv data. The company's guidance on August 2
2022, for the period ended September 30, was for revenue between
$1.30 billion and $1.39 billion.
    * ​Refinitiv's mean analyst estimate for Herbalife Nutrition
Ltd
is for earnings of 80 cents per share. The company's EPS
guidance on August 2 2022, for the period ended September
30, was between USD0.7 and USD0.95 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Herbalife
Nutrition Ltd is $34​, above​ its last closing price of $21.74.
​​​

The company's guidance on August 2 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD1.302119 billion and
USD180 million.
This summary was machine generated October 28 at 21:13 GMT.  All
figures in US dollars  unless otherwise stated