Johnson's Return to the Helm at Herbalife (HLF) Seen as Bullish
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Herbalife (HLF) PT Lowered to $31 at B.Riley
November 1, 2022 5:19 AM EDTB.Riley analyst Jeff Van Sinderen lowered the price target on Herbalife (NYSE: HLF) to $31.00 (from $38.00) while maintaining a Buy rating.... More
Herbalife (HLF) PT Lowered to $26 at Citi
November 1, 2022 4:21 AM EDTCiti analyst Chasen Bender lowered the price target on Herbalife (NYSE: HLF) to $26.00 (from $30.00) while maintaining a Buy rating.... More
After-Hours Stock Movers: Hologic, Avis Gain on Results; Goodyear Falls
October 31, 2022 5:26 PM EDTAfter-Hours Stock Movers:
Varonis Systems (NASDAQ: VRNS) 16% LOWER; reported Q3 EPS of $0.06, in-line with the analyst estimate of $0.06. Revenue for the quarter came in at $123.3 million versus the consensus estimate of $124.35 million. Varonis Systems sees FY2022 EPS of $0.14-$0.15, versus the consensus of $0.20. Varonis Systems sees FY2022 revenue of $460-463 million, versus the consensus of $487 million.
Goodyear Tire (NASDAQ: GT) 11% LOWER; reported Q3 EPS of $0.40, $0.20 worse than the analyst estimate of $0.60. Revenue for the quarter came in... More
Herbalife Nutrition (HLF) Announces CEO Transition
October 31, 2022 4:44 PM EDTHerbalife Nutrition Ltd. (NYSE: HLF) today reported financial results for the third quarter ended September 30, 2022:
Building momentum will be my top focus as I continue to work with this talented management team. - Michael O. Johnson, Chairman and Interim CEO of Herbalife Nutrition
Highlights
Third quarter 2022 net sales of $1.3 billion, a 9.5% decrease compared to the third quarter 2021. On a constant currency basis1, net sales declined 3.5% compared to the prior year period.Third quarter 2022 reported diluted EPS of $0.83 and adjusted2 diluted EPS of $0.91, compared to third quarter 2021... MoreHerbalife Nutrition (HLF) Tops Q3 EPS by 11c, Withdraws FY 2022 guidance
October 31, 2022 4:43 PM EDTHerbalife Nutrition (NYSE: HLF) reported Q3 EPS of $0.91, $0.11 better than the analyst estimate of $0.80. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.3 billion.
Outlook:
Given the rapidly shifting macroeconomic sentiment and backdrop, as well as... More
Herbalife Nutrition (HLF) Appoints Michael O. Johnson as Chairman and Interim CEO
October 31, 2022 4:02 PM EDTThe Board of Directors of Herbalife Nutrition (NYSE: HLF) announced that Michael O. Johnson, current member of the Board and the former Chairman and CEO of Herbalife Nutrition (Company), has been named Chairman and interim Chief Executive Officer, succeeding Dr. John Agwunobi, who is departing the company.
The Company expects to name a new CEO in 2023.
Mr. Johnson brings more than 40 years of experience leading multi-national corporations, including close to two decades of leading Herbalife Nutrition. Known for his deep expertise in building brands, Mr. Johnson has a proven track record in innovation,... More
