Nu Skin Enterprises Earnings: Here’s Why the Stock is Rising 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 6.03%.
Nu Skin Enterprises Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 21.62% to $0.9 in the quarter versus EPS of $0.74 in the year-earlier quarter.
Revenue: Rose 19.07% to $550.1 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Nu Skin Enterprises Inc. reported adjusted EPS income of $0.9 per share. By that measure, the company beat the mean analyst estimate of $0.79. It beat the average revenue estimate of $506.3 million.
Quoting Management: “We kicked off the year with tremendous momentum, generating 22 percent local-currency revenue growth this quarter,” said Truman Hunt, president and chief executive officer. “We are pleased with the overall direction of the business, particularly with trends in the North Asia and Greater China regions. The first quarter marked the third consecutive quarter of year-over-year local-currency growth for Japan, while South Korea continues to be a solid contributor to our success. Greater China continues to be our fastest-growing region, with each market within the region posting solid quarterly growth.”
Key Stats (on next page)…
Revenue decreased 6.49% from $588.25 million in the previous quarter. EPS decreased 7.22% from $0.97 in the previous quarter.
Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.94 to a profit $0.92. For the current year, the average estimate has moved up from a profit of $3.97 to a profit of $3.99 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)