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Nu Skin Enterprises (NUS) Lags Q3 Earnings and Revenue Estimates
NUSNu Skin(NUS) ZACKS· ZACKS·2024-11-08 00:50

Company Performance - Nu Skin Enterprises (NUS) reported quarterly earnings of 0.17pershare,missingtheZacksConsensusEstimateof0.17 per share, missing the Zacks Consensus Estimate of 0.20 per share, and down from 0.56pershareayearago[1]Thequarterlyreportreflectsanearningssurpriseof150.56 per share a year ago [1] - The quarterly report reflects an earnings surprise of -15%, with the previous quarter's earnings being 0.21 per share against an expectation of 0.18pershare,resultinginasurpriseof16.670.18 per share, resulting in a surprise of 16.67% [2] - Revenues for the quarter ended September 2024 were 430.15 million, missing the Zacks Consensus Estimate by 3.14%, and down from 498.77millionyearoveryear[3]StockPerformanceNuSkinshareshavedeclinedapproximately66.6498.77 million year-over-year [3] Stock Performance - Nu Skin shares have declined approximately 66.6% since the beginning of the year, contrasting with the S&P 500's gain of 24.3% [4] - The current Zacks Rank for Nu Skin is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [7] Future Outlook - The consensus EPS estimate for the upcoming quarter is 0.30 on revenues of 457.1million,andforthecurrentfiscalyear,itis457.1 million, and for the current fiscal year, it is 0.78 on revenues of $1.76 billion [8] - The cosmetics industry, to which Nu Skin belongs, is currently ranked in the bottom 20% of over 250 Zacks industries, which may impact stock performance [9]