Herbalife (HLF) Tops Q2 EPS by 13c; Boosts FY15 EPS Outlook

Herbalife (NYSE: HLF) reported Q2 EPS of $1.24, $0.13 better than the analyst estimate of $1.11. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.14 billion.

Michael Johnson, chairman and CEO, stated, “The second quarter continued the improving trends we saw in the previous quarter in terms of sales volumes and key sales leader metrics, and we believe we will see these positive trends continue through the second half of the year.”

Johnson continued, “Our Members around the world are more excited and engaged than ever as we invest in innovative new products and enhance our marketing and infrastructure to support their businesses and ensure we are putting customers first in all we do. We continue to see what we believe is the positive impact of the changes we implemented and remain confident that we are creating an even stronger platform for sustainable growth that will deliver long-term value for our shareholders.”

Herbalife sees FY2015 EPS of $4.60-$4.70, versus prior guidance of $4.30-$4.60 and the consensus of $4.51. Full year 2015 guidance includes a currency headwind of approximately $1.40 per diluted share, including approximately $0.45 from Venezuela.

Herbalife sees Q3 EPS of $1.40 - $1.50, versus the consensus of $1.01.

For earnings history and earnings-related data on Herbalife (HLF) click here.

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