Nu Skin Enterprises, Inc. (NYSE:NUS) is reporting third quarter financial results on Wednesday 4th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, NUS is expected to report 3Q20 income of $ 0.98 per share from revenue of $ 689.58 million.
For the full year, analysts anticipate top line of $ 2526.03 million, while looking forward to income of $ 3.17 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.78 ~ $ 0.88 per share, while revenues are expected in a range of $ 700.00 million ~ $ 703.00 million
Full Year 2020 topline are forecasted in a range of$ 2,370.00 million ~ $ 2,450.00 million, where as bottomline are predicted in a range of $ 2.85 ~ $ 3.10 per share
Click Here For More Historical Outlooks Of Nu Skin Enterprises, Inc.
Previous Quarter Performance
Nu Skin Enterprises, Inc. unwinded income for the second quarter of $ 0.81 per share, from the revenue of $ 612.37 million. Street analysts expected Nu Skin Enterprises, Inc. to report income of $ 0.62 per share on revenue of $ 583.95 million for the second quarter. The bottom line results beat street analysts by $ 0.19 or 30.65 percent, at the same time, top line results outshined analysts by $ 28.42 million or 4.87 percent.
Stock Performance
Shares of Nu Skin Enterprises, Inc. traded up $ 1.75 or 3.47 percent on Tuesday, reaching $ 52.17 with volume of 380.20 thousand shares. Nu Skin Enterprises, Inc. has traded high as $ 52.79 and has cracked $ 50.67 on the downward trend
According to the previous trading day, closing price of $ 52.17, representing a 309.59 % increase from the 52 week low of $ 12.31 and a 11.56 % decrease over the 52 week high of $ 57.01.
The company has a market capital of $ 2.68 billion and is part of the Consumer Defensive sector and Household & Personal Products industry.
Recent Analyst recommendations
- On 2nd October 2020, upgraded by Bank of America to Neutral from Underperform rating.
- On 2nd October 2020, maintained by DA Davidson at Buy rating, with $ 68.00 target price.
Recent Stock Dividend Announcement
On August 5, 2020, the board of directors authorized quarterly dividend of $ 0.375 per share to holders of record as of the close of business on August 28, 2020, with payment date of September 9, 2020 and ex-dividend date on August 27, 2020.
Conference Call
Nu Skin Enterprises, Inc. will be hosting a conference call at 5:00 PM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.nuskin.com
Nu Skin Enterprises, Inc. develops and distributes anti-aging personal care products and nutritional supplements under the Nu Skin and Pharmanex category brands worldwide. It provides skin care systems, including ageLOC Me customized skin care systems, ageLOC Spa systems, and ageLOC LumiSpa skin treatment and cleansing devices; and Epoch products, as well as a range of other cosmetic and personal care products.
