Nu Skin Enterprises Revises FY24 Revenue Forecast From $1.73B - $1.87B To $1.73B - $1.81B (Est $1.77B), Cuts Adj EPS Outlook From $0.95 - $1.35 To $0.75 - $0.95 (Est $1.10)
Portfolio Pulse from Benzinga Newsdesk
Nu Skin Enterprises has revised its FY24 revenue forecast from $1.73B - $1.87B to $1.73B - $1.81B, and cut its adjusted EPS outlook from $0.95 - $1.35 to $0.75 - $0.95.
August 08, 2024 | 8:52 pm
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NEGATIVE IMPACT
Nu Skin Enterprises has revised its FY24 revenue forecast downward and cut its adjusted EPS outlook, indicating potential financial challenges.
The downward revision in both revenue and EPS forecasts suggests that Nu Skin Enterprises is facing financial difficulties, which is likely to negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100