Insights into Herbalife Q3 Earnings

Herbalife (NYSE:HLF) just disclosed its Q3 earnings on Wednesday, October 30, 2024 at 04:10 PM.

Here's a brief overview of the earnings report.

Earnings

Herbalife beat estimated earnings by 63.0%, reporting an EPS of $0.57 versus an estimate of $0.35.

Revenue was down $41.00 million from the same period last year.

Analysis of Past Earnings

The company beat on EPS by $0.13 in the last quarter, resulting in a 9.0% drop share price change the following day.

Here's a look at Herbalife's past performance:

Peer Companies' Recent Earnings

As we review Herbalife's earnings, it's important to put its results into perspective by comparing them to those of its competitors, such as Honest Co, Beauty Health, and Veru.

Reviewing Competitors' Quarterly Earnings and Stock Performance

In this detailed analysis, insights are provided into the market's response to the latest earnings releases of key competitors. It highlights the expected and announced earnings per share (EPS) for each company, along with their corresponding stock prices at the close of the announcement day and the open of the following trading day.

Comparative Assessment: Estimated in Comparison with Actual Peer Revenues

This table presents a comparison of estimated and announced revenue figures for Herbalife's peers. It offers insights into the revenue performance of these companies, providing valuable context for understanding their financial standing within the industry.

To track all earnings releases for Herbalife visit their earnings calendar here.

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

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