Herbalife Nutrition Ltd. (NYSE:HLF) is reporting third quarter financial results on Thursday 5th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, HLF is expected to report 3Q20 income of $ 0.88 per share from revenue of $ 1409.85 million.
For the full year, analysts anticipate top line of $ 5362.10 million, while looking forward to income of $ 3.47 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 2.55 ~ $ 3.05 per share
Click Here For More Historical Outlooks Of Herbalife Nutrition Ltd.
Previous Quarter Performance
Herbalife Nutrition Ltd. announced income for the second quarter of $ 0.95 per share, from the revenue of $ 1,347.00 million. The consensus estimates are income of $ 0.86 per share from $ 1300.00 million in revenue. The bottom line results beat street analysts by $ 0.09 or 10.47 percent, at the same time, top line results outshined analysts by $ 47.00 million or 3.62 percent.
Stock Performance
Shares of Herbalife Nutrition Ltd. traded up $ 1.09 or 2.35 percent on Wednesday, reaching $ 47.48 with volume of 758.40 thousand shares. Herbalife Nutrition Ltd. has traded high as $ 48.23 and has cracked $ 46.46 on the downward trend
The closing price of $ 47.48, representing a 123.78 % increase from the 52 week low of $ 20.73 and a 12.29 % decrease over the 52 week high of $ 52.89.
The company has a market capital of $ 6.29 billion and is part of the Consumer Defensive sector and Packaged Foods industry.
Conference Call
Herbalife Nutrition Ltd. will be hosting a conference call at 5:30 PM eastern time on 5th 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.herbalife.com
Herbalife Nutrition Ltd. develops and sells nutrition solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. It provides science-based products in the areas of weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition.
