Herbalife (HLF) Tops Q2 EPS by 39c, Revs Light; Raises Outlook

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Herbalife Reports Second Quarter 2017 Results; Exceeds Updated Reported and Adjusted EPS Guidance

August 1, 2017 4:05 PM EDT

Second quarter 2017 reported diluted EPS of $1.61 and adjusted1 diluted EPS of $1.51 Second quarter 2017 reported net sales of $1.1 billion, declined 5% and 3% on an as reported and constant currency basis, respectively, compared to the second quarter 2016 Second quarter volume points of 1.4 billion Raises FY 17 reported and adjusted diluted EPS guidance to a range of $3.80 to $4.20 and $4.30 to $4.70, respectively; up from the previous ranges of $3.30 to $3.70 and $4.10 to $4.50, respectively Since the inception in February 2017 of the board approved share repurchase program, a total of... More