Herbalife (HLF) Tops Q4 EPS by 4c; Reiterates Outlook
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Herbalife Reports Fourth Quarter Reported Net Sales Growth of 4.6% and Reiterates Growth Projections for 2018
February 22, 2018 4:11 PM ESTFourth quarter 2017 reported net sales of $1.1 billion increased 5% and 3% on an as reported and constant currency basis, respectively, compared to fourth quarter 2016. Fourth quarter 2017 reported EPS of ($0.87) per diluted share compared to $1.16 per diluted share for the comparable prior year quarter, which includes a provisional one-time non-cash charge of $153 million, or ($2.01) per adjusted1 diluted share, as a result of the Tax Cuts and Jobs Act (the Tax Act) that was signed into law on December 22, 2017. Adjusted2 earnings per adjusted1 diluted share of $1.29 increased 29%... More
