Breaking News

Herbalife Expects to Beat Q4 Estimates

February 3, 2014

Will boost share buybacks, too.

Herbalife expects fourth-quarter sales to rise 19.8% to about $1.27 billion, just ahead of the consensus estimate of $1.22 billion. Adjusted diluted earnings per share (EPS) is now guided to a range of $1.26 to $1.30, versus a consensus estimate of $1.17.

For the full fiscal year, Herbalife expects revenues will rise 18.5% to about $4.82 billion, also ahead of a consensus estimate of $4.78 billion.

The company also increased its share repurchase authorization to $1.5 billion, up from a previous authorization of $1 billion, of which $653 million was still available.

 

Related End-User Markets:

  • Erasa

    Erasa's New Evangelist(a)

    January 9, 2017
    Impressed by the performance of its hero SKU, supermodel Linda Evangelista joins the company in a hand's on role.

  • Discourse on Disclosure

    Discourse on Disclosure

    Tom Branna, Editorial Director||January 6, 2017
    Transparency impacts the cleaning industry.

  • The Top Stories of 2016

    The Top Stories of 2016

    December 26, 2016
    The companies and topics that grabbed headlines and your attention this year.

  • On the Edge

    On the Edge

    January 6, 2017
    Expanding beauty brands to watch in 2017

  • The World Comes to Orlando

    The World Comes to Orlando

    Tom Branna, Editorial Director||December 1, 2016
    More than 1,600 chemists traveled to Florida for the IFSCC Congress

  • Perform or Perish

    Perform or Perish

    Christine Esposito, Associate Editor||December 1, 2016
    Success in today’s skin care sector begins with active ingredients, formulated in products that address modern-day issues.