$1.31 Billion in Sales Expected for Herbalife Nutrition Ltd. (NYSE:HLF) This Quarter

On common, analysts anticipate that Herbalife Diet will report full yr gross sales of $5.29 billion for the present monetary yr, with estimates starting from $5.28 billion to $5.31 billion. For the following monetary yr, analysts anticipate that the enterprise will report gross sales of $5.43 billion, with estimates starting from $5.31 billion to $5.55 billion. Zacks Funding Analysis’s gross sales averages are a imply common based mostly on a survey of sell-side analysis analysts that that present protection for Herbalife Diet.

Herbalife Diet (NYSE:HLFGet Rating) final introduced its earnings outcomes on Tuesday, Might third. The corporate reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.12. The corporate had income of $1.34 billion in the course of the quarter, in comparison with the consensus estimate of $1.38 billion. Herbalife Diet had a detrimental return on fairness of 33.49% and a internet margin of seven.06%. The corporate’s income was down 11.1% on a year-over-year foundation. Throughout the identical interval final yr, the agency earned $1.42 earnings per share.

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