Herbalife Earnings Preview

Herbalife Ltd. (HLF) is set to report third quarter earnings after the close of trading today. The company has guided to 1.49 to 1.53, with the current consensus at 1.51, down from 1.62 three months ago. Revenues are expected to come in at $1.32 billion, an 8.7 percent year over year increase. Besides the usual acrimony surrounding the stock from Bill Ackman at Pershing Square, sales growth, especially from China, should be a key metric that should grab analysts attention. Additionally, any news regarding the ongoing FTC investigation will also take center stage from earnings. Shares of HLF are currently trading up 2.9 percent at 54.00.