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Nu Skin Enterprises (NUS) Surpasses Q4 Earnings and Revenue Estimates
Nu SkinNu Skin(US:NUS) Zacks Investment Researchยท2024-02-15 00:21

Company Performance - Nu Skin Enterprises (NUS) reported quarterly earnings of $0.37 per share, exceeding the Zacks Consensus Estimate of $0.29 per share, but down from $0.89 per share a year ago, indicating a 58.43% year-over-year decline [1] - The quarterly earnings surprise was 27.59%, while the previous quarter saw an earnings miss of -12.50% with actual earnings of $0.56 compared to an expected $0.64 [1] - Revenues for the quarter were $488.64 million, surpassing the Zacks Consensus Estimate by 1.94%, but down from $522.34 million year-over-year [1] Market Performance - Nu Skin shares have declined approximately 10.5% since the beginning of the year, contrasting with the S&P 500's gain of 3.8% [2] - The current consensus EPS estimate for the upcoming quarter is $0.34, with expected revenues of $490.01 million, and for the current fiscal year, the EPS estimate is $2.07 on revenues of $2.05 billion [4] Industry Outlook - The Cosmetics industry, to which Nu Skin belongs, is currently ranked in the bottom 39% of over 250 Zacks industries, suggesting potential challenges ahead [4] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Nu Skin's stock performance [3]