Herbalife (HLF) Guides Q4 EPS Above Views; Will Start Stock Buyback
Tweet
Share
E-mailGet Alerts HLF Hot Sheet
Price: $12.15 -2.41%
Financial Fact:
Operating income: 151.5M
Today's EPS Names:
EDXC, BICX, FBPI, More
Financial Fact:
Operating income: 151.5M
Today's EPS Names:
EDXC, BICX, FBPI, More
Join SI Premium – FREE
Herbalife Ltd. (NYSE: HLF) today provided an update on anticipated results for fiscal year ended December 31, 2012. The company reported preliminary, unaudited results that include the following:
* Volume Points for full-year and fourth quarter 2012 are expected to increase approximately 20.4% and 18.4%, compared to the prior year periods, respectively.
* All six of the company’s regions expect double-digit Volume Point growth during the fourth quarter.
* Net sales for full-year and fourth quarter 2012 are expected to increase approximately 17.9% and 19.9%, compared to the prior year periods, respectively. The Street sees revs of $1.04 billion.
* Fourth quarter EPS is expected to be in a range of $1.02 to $1.05, compared to prior year reported EPS of $0.86. The Street sees EPS of $1.01.
* Fully-diluted EPS for the full-year 2012 is expected to be in a range of $4.02 to $4.05, compared to prior year reported EPS of $3.30. The Street sees EPS of $4.03.
* The company’s fourth quarter effective tax rate is expected to be between 24.2% and 25.2%.
Herbalife also announced the following:
* The company expects to report full-year, audited results on February 19, 2013.
* The company’s 2013 Volume Point guidance remains unchanged, but there is the likelihood of a temporary increase in expenses, associated with recent events.
* The company expects to begin repurchasing shares of Herbalife stock, pursuant to its existing share repurchase authorization.
* Volume Points for full-year and fourth quarter 2012 are expected to increase approximately 20.4% and 18.4%, compared to the prior year periods, respectively.
* All six of the company’s regions expect double-digit Volume Point growth during the fourth quarter.
* Net sales for full-year and fourth quarter 2012 are expected to increase approximately 17.9% and 19.9%, compared to the prior year periods, respectively. The Street sees revs of $1.04 billion.
* Fourth quarter EPS is expected to be in a range of $1.02 to $1.05, compared to prior year reported EPS of $0.86. The Street sees EPS of $1.01.
* Fully-diluted EPS for the full-year 2012 is expected to be in a range of $4.02 to $4.05, compared to prior year reported EPS of $3.30. The Street sees EPS of $4.03.
* The company’s fourth quarter effective tax rate is expected to be between 24.2% and 25.2%.
Herbalife also announced the following:
* The company expects to report full-year, audited results on February 19, 2013.
* The company’s 2013 Volume Point guidance remains unchanged, but there is the likelihood of a temporary increase in expenses, associated with recent events.
* The company expects to begin repurchasing shares of Herbalife stock, pursuant to its existing share repurchase authorization.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Spotify expands share buyback program by $1.5 billion
- Bessent on Iran: maximum economic pressure means likely not a kinetic restart
- Cosmos Health posts 29% revenue rise but widens net loss in Q2 2026
Create E-mail Alert Related Categories
Guidance, Hedge Funds, Hot Guidance, Stock Buybacks, Trader TalkRelated Entities
Stock BuybackSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
