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Traders Eye Herbalife (HLF) Following Strong NuSkin (NUS) Outlook

January 17, 2013 6:46 AM EST
Herbalife (NYSE: HLF) shares are on watch Thursday morning following an updated outlook from peer NuSkin Enterprises (NYSE: NUS).

NuSkin reported that it sees fourth-quarter 2012 revs of $588 million and EPS of 94 cents to 96 cents. Numbers compare with the Street consensus calling for revs of $531.6 million and EPS of 83 cents.

Fiscal 2012 revs are expected to be $2.17 billion with earnings growth of 30 percent over the prior year. The Street currently sees FY12 EPS of $3.38 and revs of $2.11 billion.

Given that NuSkin has been tied in with Herbalife as an MLM scheme, investors will do well to watch both this morning as the hedge fund battle plays out.

NuSkin shares are up 5.4 percent early, while Herbalife is indicated lower.


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