Herbalife Nutrition (HLF) to Release Quarterly Earnings on Tuesday


Herbalife Nutrition (NYSE:HLFGet Rating) will be issuing its quarterly earnings data after the market closes on Tuesday, May 3rd. Analysts expect Herbalife Nutrition to post earnings of $0.87 per share for the quarter. Herbalife Nutrition has set its Q1 2022 guidance at $0.800-$1.000 EPS and its FY 2022 guidance at $4.250-$4.750 EPS.Investors that wish to listen to the company’s conference call can do so using this link.

Herbalife Nutrition (NYSE:HLFGet Rating) last posted its earnings results on Wednesday, February 23rd. The company reported $0.57 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.59 by ($0.02). The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Herbalife Nutrition had a negative return on equity of 38.29% and a net margin of 7.71%. Herbalife Nutrition’s quarterly revenue was down 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.71 earnings per share. On average, analysts expect Herbalife Nutrition to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

NYSE:HLF opened at $28.10 on Tuesday. The stock has a market cap of $3.09 billion, a P/E ratio of 6.85 and a beta of 1.05. The business’s 50-day moving average price is $33.41 and its two-hundred day moving average price is $38.97. Herbalife Nutrition has a twelve month low of $26.92 and a twelve month high of $55.78.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Glenmede Trust Co. NA bought a new position in Herbalife Nutrition during the fourth quarter valued at approximately $211,000. Cubist Systematic Strategies LLC boosted its stake in shares of Herbalife Nutrition by 15.0% in the 4th quarter. Cubist Systematic Strategies LLC now owns 46,056 shares of the company’s stock valued at $1,885,000 after purchasing an additional 6,023 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of Herbalife Nutrition by 0.3% in the 4th quarter. Legal & General Group Plc now owns 177,023 shares of the company’s stock valued at $7,246,000 after purchasing an additional 448 shares in the last quarter. Nuveen Asset Management LLC grew its holdings in shares of Herbalife Nutrition by 15.0% during the 4th quarter. Nuveen Asset Management LLC now owns 269,813 shares of the company’s stock valued at $11,044,000 after purchasing an additional 35,206 shares during the last quarter. Finally, Sei Investments Co. raised its position in Herbalife Nutrition by 41.5% in the 4th quarter. Sei Investments Co. now owns 364,960 shares of the company’s stock worth $14,938,000 after purchasing an additional 107,102 shares during the period.

Several research analysts recently weighed in on the stock. B. Riley decreased their price objective on shares of Herbalife Nutrition from $58.00 to $50.00 in a research report on Thursday, February 24th. Zacks Investment Research raised shares of Herbalife Nutrition from a “sell” rating to a “hold” rating in a report on Wednesday, February 23rd. Finally, StockNews.com upgraded shares of Herbalife Nutrition from a “hold” rating to a “buy” rating in a research report on Sunday, April 10th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $50.17.

About Herbalife Nutrition (Get Rating)

Herbalife Nutrition Ltd. offers nutrition solutions in North America, Mexico, South and Central America, Europe, the Middle East, Africa, China, and rest of Asia Pacific. The company provides products in the areas of weight management; targeted nutrition; energy, sports, and fitness; and outer nutrition.

See Also

Earnings History for Herbalife Nutrition (NYSE:HLF)



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