Herbalife Nutrition Exceeds Second Quarter 2022 Expectations and Reaffirms Full Year 2022 Topline Guidance

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Herbalife (HLF) PT Raised to $30 at Jefferies

August 3, 2022 8:10 AM EDT

Jefferies analyst Chris Neamonitis raised the price target on Herbalife (NYSE: HLF) to $30.00 (from $27.00) while maintaining a Buy rating.

The analyst commented, "HLF's Q2 beat expectations, even after excl. pull fwd contrib. Rev guidance prudently reiterated (on uncontrollables), while evidence of stability/initial... More

Herbalife Nutrition (HLF) Tops Q2 EPS by 35c

August 2, 2022 4:15 PM EDT

Herbalife Nutrition (NYSE: HLF) reported Q2 EPS of $0.96, $0.35 better than the analyst estimate of $0.61. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.28 billion.

GUIDANCE:

Herbalife Nutrition sees Q3 2022 EPS of $0.70-$0.95.

Herbalife Nutrition... More