Nu Skin Enterprises (NUS) Misses Q3 EPS by 13c; Issues Light Q4 Outlook

Nu Skin Enterprises (NYSE: NUS) reported Q3 EPS of $0.71, $0.13 worse than the analyst estimate of $0.84. Revenue for the quarter came in at $571.3 million versus the consensus estimate of $571.43 million.

Outlook

"With the introductions of ageLOC Me and ageLOC Youth, we are beginning a new business cycle that we believe will drive meaningful growth," said Hunt. "Based on the successful third-quarter introduction of ageLOC Youth in South Asia/Pacific, we anticipate positive global momentum from the introduction of these new products to continue in the fourth quarter and throughout 2016.

"Our balance sheet is strong, with a solid net-cash position. We are generating healthy cash flow and plan to use it to improve shareholder value, as demonstrated by today's announcement of an increase in the company's stock repurchase authorization to $500 million," concluded Hunt.

"We project fourth-quarter revenue of $570 to $590 million, which anticipates a negative foreign currency impact of 10 to 11 percent," said Ritch Wood, chief financial officer. "We also anticipate fourth-quarter earnings per share of $0.70 to $0.73. We look forward to discussing our 2016 business plans with shareholders at our investor day on December 4, 2015 in New York," concluded Wood.

*** The Street sees Q4 revenue of $611 million and EPS of $0.92.

The Nu Skin management team will host a conference call with the investment community on Oct. 29, at 5 p.m. (EDT). Those wishing to access the webcast, as well as the financial information presented during the call, can visit the Investor Relations page on the company's website at ir.nuskin.com. A replay of the webcast will be available at the same URL through Nov. 16, 2015.

For earnings history and earnings-related data on Nu Skin Enterprises (NUS) click here.

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