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Herbalife Nutrition Ltd. (NYSE:HLF) Expected to Post Quarterly Sales of $1.38 Billion

Analysts anticipate Herbalife Diet Ltd. (NYSE:HLFGet Rating) to announce $1.38 billion in gross sales for the present quarter, Zacks Investment Research stories. Two analysts have made estimates for Herbalife Diet’s earnings. The best gross sales estimate is $1.40 billion and the bottom is $1.35 billion. Herbalife Diet reported gross sales of $1.50 billion throughout the identical quarter final yr, which signifies a unfavorable yr over yr development fee of 8%. The corporate is scheduled to report its subsequent quarterly earnings report after the market closes on Monday, January 1st.

Based on Zacks, analysts anticipate that Herbalife Diet will report full-year gross sales of $5.80 billion for the present fiscal yr, with estimates starting from $5.69 billion to $5.90 billion. For the subsequent monetary yr, analysts anticipate that the agency will report gross sales of $6.08 billion, with estimates starting from $6.03 billion to $6.14 billion. Zacks Funding Analysis’s gross sales averages are a imply common primarily based on a survey of sell-side analysis companies that cowl Herbalife Diet.

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