Examining the Future: Herbalife's Earnings Outlook

Herbalife HLF is set to give its latest quarterly earnings report on Wednesday, 2024-10-30. Here's what investors need to know before the announcement.

Analysts estimate that Herbalife will report an earnings per share (EPS) of $0.35.

The market awaits Herbalife's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Overview of Past Earnings

During the last quarter, the company reported an EPS beat by $0.13, leading to a 8.55% drop in the share price on the subsequent day.

Here's a look at Herbalife's past performance and the resulting price change:

Performance of Herbalife Shares

Shares of Herbalife were trading at $8.46 as of November 06. Over the last 52-week period, shares are down 34.98%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for Herbalife visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.