Things to Consider Ahead of Nu Skin's (NUS) Q4 Earnings

Core Viewpoint - Nu Skin Enterprises, Inc. (NUS) is expected to report a decline in both revenue and earnings for the fourth quarter of 2023, with significant year-over-year decreases anticipated [1][3]. Revenue Summary - The Zacks Consensus Estimate for fourth-quarter revenues is $479.4 million, reflecting an 8.2$2 billion, indicating an 11.9% decline compared to the previous year [1][3]. - Management anticipates fourth-quarter revenues between $440 million and$480 million, suggesting a decline of 8-16%, including a negative foreign currency impact of 3-2% [3]. Earnings Summary - The consensus estimate for quarterly earnings is 29 cents per share, representing a 67.4% decline from the prior-year quarter [1]. - For 2023, the earnings estimate is $1.76 per share, indicating a drop of 39.3% from the previous year's level [1]. - Management expects adjusted EPS for the fourth quarter to be between 15 and 30 cents, which also suggests a year-over-year decline [3]. Performance Metrics - Nu Skin has a trailing four-quarter earnings surprise of 17.4% on average, but it reported a negative earnings surprise of 12.5% in the last quarter [2]. - The company is currently ranked 3 (Hold) by Zacks and has an Earnings ESP of -17.24%, indicating low odds for an earnings beat this time [4]. Influencing Factors - Persistent macroeconomic challenges are affecting consumer spending and customer acquisition, negatively impacting Nu Skin's core business [3]. - The company is implementing cost-control measures to support its profitability amidst these challenges [4].