Here's How Nu Skin (NUS) Is Placed Ahead Of Q4 Earnings
Zacks Investment Research | Feb 05, 2020 09:13PM ET
Nu Skin Enterprises, Inc. (NYSE:NUS) is slated to report fourth-quarter 2019 results on Feb 12, after market close. This cosmetic, personal care and wellness products provider has trailing four-quarter positive earnings surprise of 3.6%, on average. In the last reported quarter, the company delivered a positive earnings surprise of 4%.
The Zacks Consensus Estimate for fourth-quarter earnings has been steady at 72 cents in the past seven days. This suggests a decline of 31.4% from the year-ago quarter’s reported figure. Further, the consensus mark for revenues is at $583.3 million that indicates a decline of 14.6% from the year-ago quarter’s tally.
Key Factors to Note
Nu Skin has been witnessing tough regulatory environment in Mainland China for a while, primarily due to restriction imposed by the government on meetings. The recently completed 100-day government campaign in the region to inspect offerings of nutrition and direct sales led to limited sales meetings, media scrutiny and unfavorable consumer sentiments. The consensus mark for revenues in Mainland China is pegged at $166 million, which indicates a decline of 23.5% from $217 million reported in the year-ago quarter.
Also, foreign currency headwinds are likely to have made an impact on in Nu Skins’ fourth-quarter performance. During the last earnings call, management projected currency headwinds of nearly 2% to impact fourth-quarter sales. For the fourth quarter, the company anticipated revenues in the range of $570-$590 million. Earnings are expected between 68 cents and 75 cents per share, including costs related to the LIVE event hosted in October 2019. In the year-ago quarter, the company delivered adjusted earnings of $1.05 per share.
Nu Skin Enterprises, Inc. Price, Consensus and EPS Surprise
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