Insights into Herbalife Q3 Earnings

Herbalife (NYSE:HLF) just disclosed its Q3 earnings on Wednesday, October 30, 2024 at 04:10 PM.

Here's a brief overview of the earnings report.

Earnings

Herbalife beat estimated earnings by 63.0%, reporting an EPS of $0.57 versus an estimate of $0.35.

Revenue was down $41.00 million from the same period last year.

Analysis of Past Earnings

The company beat on EPS by $0.13 in the last quarter, resulting in a 9.0% drop share price change the following day.

Here's a look at Herbalife's past performance:

Quarter

Q3 2024

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.35

0.41

0.34

0.39

0.73

EPS Actual

0.57

0.54

0.49

0.28

0.65

Revenue Estimate

1.24B

1.33B

1.26B

1.19B

1.25B

Revenue Actual

1.24B

1.28B

1.26B

1.22B

1.28B

Peer Companies' Recent Earnings

As we review Herbalife's earnings, it's important to put its results into perspective by comparing them to those of its competitors, such as Honest Co, Beauty Health, and Veru.

Honest Co, earnings revealed on August 08, 2024, ...