Herbalife (HLF) Tops Q2 EPS by 8c, Raises FY EPS Guidance
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Herbalife Ltd. Announces Record Second Quarter 2016 Volume Results
August 3, 2016 4:06 PM EDTSecond quarter 2016 volume points increased 9% compared to the second quarter 2015, representing the highest volume point quarter in the companys history. Second quarter 2016 reported a loss of $0.28 per diluted share, which includes the impact of $203 million related to regulatory settlements, as compared to earnings of $0.97 per diluted share for the prior year quarter. Adjusted1 earnings of $1.29 per adjusted2 diluted share increased 4% compared to $1.24 per diluted share for the comparable prior year quarter. Second quarter 2016 reported net sales of $1.2 billion increased 3% and 10% on an as reported and... More
