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Herbalife Ltd Issues Q3 2013 Mixed Guidance; Raises FY 2013 Guidance


Monday, 29 Jul 2013 04:10pm EDT 

Herbalife Ltd announced that for the third quarter of 2013, it expects net sales growth vs fiscal 2012 in the range of 16.5%-18.5% and diluted EPS in the range of $1.09-$1.13. For fiscal 2013, it expects net sales growth vs fiscal 2012 in the range of 16.0%-18.0%. The Company also announced that it is raising its fiscal 2013 EPS guidance to a range of $4.83 to $4.95. The Company reported revenue of $1.017 billion in the third quarter of 2012 and revenue of $4.1 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $1.152 billion and EPS of $1.16 for the third quarter of 2013; and revenue of $4.6 billion and EPS of $4.80 for fiscal 2013. 

Company Quote

64.99
-0.73 -1.11%
10 Jul 2014