Nu Skin Enterprises Q1 2024 Adj EPS $(0.01) Misses $0.05 Estimate, Sales $417.300M Miss $426.561M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nu Skin Enterprises (NUS) reported Q1 2024 adjusted EPS of $(0.01), missing the $0.05 estimate, with sales of $417.3M also missing the $426.561M estimate, marking a 13.33% decrease from the previous year.
May 08, 2024 | 8:07 pm
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NEGATIVE IMPACT
Nu Skin Enterprises reported a significant miss in both EPS and sales for Q1 2024, with a notable year-over-year sales decline.
Missing both EPS and sales estimates significantly, especially with a 120% miss on the EPS estimate and a 13.33% decrease in sales year-over-year, is likely to negatively impact investor sentiment and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100