Herbalife (HLF) Tops Q1 EPS by 27c, Raises FY EPS Guidance

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Herbalife Ltd. Announces First Quarter 2016 Results and Raises Full Year Adjusted Guidance

May 5, 2016 4:05 PM EDT

First quarter 2016 adjusted1 EPS of $1.36 per diluted share increased 5% compared to $1.29 per diluted share for the comparable prior year quarter. Reported EPS increased 22% to $1.12 per diluted share compared to $0.92 per diluted share for the comparable prior year quarter. First quarter 2016 reported net sales of $1.1 billion increased 1% and 11%, on an as reported and constant currency basis, respectively, compared to the prior year period. Volume points increased 4% in the first quarter 2016 compared to the first quarter 2015. Raises FY 16 adjusted diluted EPS guidance... More