UPDATE 1-Nu Skin raises Q4 outlook

Tue Nov 17, 2009 8:32am EST

* Raises Q4 EPS view by 5 cents to $0.37-$0.39 * Ups Q4 rev outlook by $17 mln to $360-$365 mln * Sees 2010 EPS $1.60-$1.70 vs est $1.63 * Sees 2010 rev $1.37 bln-$1.40 bln vs est $1.39 bln

Nov 17 (Reuters) - Nu Skin Enterprises Inc (NUS.N) raised its fourth-quarter outlook citing the prelaunch of its anti-aging skin care range and an expected improvement in trends in Japan, and forecast 2010 results that could surpass market expectations.

For the fourth quarter, the company now expects to earn 37 cents to 39 cents a share, including a 1 cent restructuring charge, on revenue of $360 million to $365 million. It had earlier expected a profit of 32 cents to 34 cents on revenue of $343 million to $348 million.

Analysts on average were looking for a profit of 36 cents a share on revenue of $347.5 million, according to Thomson Reuters I/B/E/S.

The Provo, Utah-based company, which successfully launched its flagship ageLOC skin care system to help people look younger, said it expects fiscal 2010 earnings of $1.60 to $1.70 a share on revenue of $1.37 billion to $1.4 billion.

Wall Street was looking for a profit of $1.63 on revenue of $1.39 billion.

Shares of Nu Skin, which sells personal-care products under its namesake, Epoch and Nutricentials brands, closed at $26.15 Monday on the New York Stock Exchange. (Reporting by Viraj Nair in Bangalore; Editing by Pradeep Kurup)

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