Nu Skin Enterprises Earnings: Here’s Why Investors are Happy Now
Nu Skin Enterprises Inc. (NYSE:NUS) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 6.12%.
Nu Skin Enterprises Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 29.79% to $1.22 in the quarter versus EPS of $0.94 in the year-earlier quarter.
Revenue: Rose 15.11% to $682.9 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Nu Skin Enterprises Inc. reported adjusted EPS income of $1.22 per share. By that measure, the company beat the mean analyst estimate of $1.2. It beat the average revenue estimate of $680.28 million.
Quoting Management: “As we build on another record quarter and ramp up for the global roll out of our ageLOC TR90 weight management system, we are increasingly optimistic about the future of our business,” said Ritch Wood, chief financial officer. “We are confident in the company’s ability to continue to generate strong cash flow and plan to use our financial strength to repurchase shares to create shareholder value.”
Key Stats (on next page)…
Revenue increased 24.14% from $550.09 million in the previous quarter. EPS increased 35.56% from $0.90 in the previous quarter.
Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.18 to a profit $1.39. For the current year, the average estimate has moved up from a profit of $4.29 to a profit of $4.99 over the last ninety days.
Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)