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Herbalife Rises Slightly After Q4 Earnings Beat, Increased Guidance

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Herbalife (NYSE: HLF) is up more than one percent in after hours trading after the company reported its fourth quarter results.

The firm reported a Q4 EPS of $1.28 versus the Street estimate of $1.24.

Earnings per share were up 22 percent from the year-ago period.

Revenue arrived at $1.27 billion versus the Street estimate of $1.25 billion. Sales were up 20 percent year-over-year.

"Herbalife delivered another year of record financial performance achieved through the consistent execution of key strategies to expand daily consumption of our products," Michael O. Johnson, Herbalife's chairman and CEO, said in a company release.

"The global obesity epidemic continues to expand around the world, having an adverse impact on community health. Our independent Members are uniquely positioned, with education, coaching, and nutritious, industry-leading products to help their customers live healthier lives."

Herbalife's first quarter EPS expectations are a bit lower than what Wall Street expected. The company sees an EPS between $1.25 and $1.29, while analysts expected an EPS closer to $1.35.

Investors don't seem to be too worried, however. This could be because the company has raised its FY2014 EPS Guidance from $5.45 - $5.65 to $5.85 - $6.05 versus the Street estimate of $5.87.

Disclosure: At the time of this writing, Louis Bedigian had no position in the equities mentioned in this report.

Posted-In: Herbalife Michael O. JohnsonEarnings News

 

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