Usana Health Sciences Inc Reports Results For The Quarter Ended In June: Earnings Summary

USANA Health Sciences

23/07/2024 22:01

* USANA Health Sciences Inc  USNA.N  reported quarterly
adjusted
earnings of 54 cents​​ per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of 89 cents.  The mean expectation of two analysts for the
quarter was for earnings of 65 cents per share. Wall Street
expected results to range from 62 cents to 68 cents per share.
    * Revenue fell 10.6% to $212.87 million from a year ago;
analysts
expected $220.99 million. 
    * USANA Health Sciences Inc's reported EPS for the quarter
was 54
cents​.
    * The company reported quarterly net income of $10.43
million.
    * USANA Health Sciences Inc shares had risen by 2.1% this
quarter and lost 13.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the food
processing
peer group is also "hold"

Wall Street's median 12-month price target for USANA Health
Sciences Inc is $55.50 
This summary was machine generated from LSEG data July 23 at
09:00 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.65           0.54           Missed
 Mar. 31 2024      0.69           0.86           Beat
 Dec. 31 2023      0.52           0.87           Beat
 Sep. 30 2023      0.64           0.59           Missed