Nu Skin (NUS) Q1 Earnings Coming Up: Factors to Consider

Group 1 - Nu Skin Enterprises, Inc. (NUS) is expected to report a decline in both revenue and earnings for the first quarter of 2024, with revenue estimated at $430.6 million, reflecting a 10.6% decrease year-over-year [1] - The earnings consensus estimate remains unchanged at 5 cents per share, indicating an 86.5% decline compared to the same quarter last year [1] - The company has faced persistent macroeconomic challenges, including inflation affecting consumer spending and a shift towards cheaper alternatives, leading to poor sales performance in key regions [2] Group 2 - Nu Skin's revenue forecast for Q1 2024 ranges from$ 400 million to $435 million, suggesting a year-over-year decline of 10% to 17%, with an expected adverse foreign currency impact of approximately 2-3% [2] - The company is implementing its Nu Vision 2025 strategy, focusing on personalized beauty and wellness, social commerce, and digital platform expansion, which may positively influence its performance [3] - The Zacks model indicates that Nu Skin does not have a strong likelihood of an earnings beat, with a Zacks Rank of 3 and an Earnings ESP of 0.00% [4]