Can Herbalife (HLF) Keep The Earnings Streak Alive In Q2?
Zacks Investment Research | Jul 26, 2017 09:27PM ET
Herbalife Ltd. (NYSE:HLF) is scheduled to report second-quarter 2017 results on Aug 1, after the market closes.
The question lingering in investors’ minds is, whether this leading nutrition company will be able to maintain its positive earnings streak in the to-be-reported quarter. Notably, its earnings have outpaced the Zacks Consensus Estimate in 10 straight quarters now, with a trailing four-quarter average of 18.4%.
Let’s see how things are shaping up for this announcement.
What Does the Zacks Model Unveil?
Our proven model does not conclusively show earnings beat for Herbalife this quarter. This is because a stock needs to have both a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) and a positive Original post
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