Herbalife Q3 2024 Adj EPS $0.57 Beats $0.35 Estimate, Sales $1.24B Inline
Portfolio Pulse from Benzinga Newsdesk
Herbalife reported Q3 2024 earnings per share of $0.57, surpassing the analyst estimate of $0.35, despite a year-over-year decrease. Sales were $1.24 billion, matching expectations but down from last year.
October 30, 2024 | 8:12 pm
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Herbalife's Q3 2024 earnings per share of $0.57 exceeded expectations, though both EPS and sales declined year-over-year. This mixed result may influence short-term stock movements.
Herbalife's earnings per share significantly beat analyst expectations, which is typically positive for stock prices. However, the year-over-year decline in both EPS and sales may temper investor enthusiasm. The mixed results suggest a potential short-term positive impact on the stock, but with caution due to the declining trend.
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