Herbalife Nutrition Q2 EPS $0.74 Beats $0.65 Estimate, Sales $1.31B Beat $1.26B Estimate
Portfolio Pulse from Benzinga Newsdesk
Herbalife Nutrition (NYSE:HLF) reported Q2 earnings of $0.74 per share, beating the analyst consensus estimate of $0.65 by 13.85%. However, this is a 22.92% decrease from the same period last year. The company also reported Q2 sales of $1.31 billion, beating the analyst consensus estimate of $1.26 billion by 4.29%, but this is a 5.67% decrease from the same period last year.
August 04, 2023 | 12:09 pm
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Herbalife Nutrition's Q2 earnings and sales beat analyst estimates, but both show a decrease from the same period last year.
While Herbalife Nutrition beat analyst estimates for Q2 earnings and sales, the decrease from the same period last year could potentially concern investors. This mixed result may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100