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

Herbalife

02/05/2023 23:06

* Herbalife Nutrition Ltd  HLF.N  reported quarterly
adjusted
earnings of 54 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 66 cents per share.
    * Revenue fell 6.3% to $1.25 billion from a year ago;
analysts
expected $1.21 billion. 
    * Herbalife Nutrition Ltd's reported EPS for the quarter was
29
cents​.
    * The mean earnings estimate of analysts had fallen by
about 15%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Herbalife Nutrition Ltd shares had fallen by 6.6% this
quarter and gained 1.1% so far this year.
    * The company reported quarterly net income of $29.3
million.
    * Wall Street's median 12-month price target for Herbalife
Nutrition Ltd is $28.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
2 at 10:06 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.66           0.54           Missed
 Dec. 31 2022      0.34           0.53           Beat
 Sep. 30 2022      0.80           0.91           Beat
 Jun. 30 2022      0.61           0.96           Beat