Earnings Preview: Herbalife Nutrition
Portfolio Pulse from Benzinga Insights
Herbalife Nutrition (NYSE:HLF) is scheduled to release its quarterly earnings report on February 14, 2024, with analysts predicting an EPS of $0.39. The company's past earnings performance shows mixed results, with a notable miss last quarter leading to a slight share price drop. Over the last year, HLF shares have declined by 43.55%, indicating potential investor concern ahead of the upcoming earnings announcement. Investors will be particularly attentive to the company's guidance for future growth.
February 13, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Herbalife Nutrition is anticipated to report an EPS of $0.39 for the upcoming quarter. Historical performance shows variability in meeting EPS estimates, which has influenced stock price movements. With a significant year-over-year decline in share price, the upcoming earnings report and future guidance will be critical for investor sentiment.
Given Herbalife's mixed historical earnings performance and the significant decline in its share price over the past year, the upcoming earnings report is highly relevant. However, the score is neutral (0) due to the uncertainty surrounding the company's ability to meet or exceed the EPS estimate and provide positive future guidance, which are both critical factors that could influence the stock's short-term movement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100