Earnings Preview : Q3 2024 Is Gearing Up To Be A Decisive Quarter For Herbalife Ltd. ($HLF)

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On Wednesday 30th October 2024, investors and market participants can expect the release of Herbalife Ltd. (NYSE: HLF) third quarter financial results. This crucial announcement will be made after market close.

Wall Street financial analysts are foreseeing that the organization is likely to announce an estimated per share $0.35 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $1.24 billion during the quarter.

Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.65. This notable figure was attributed to the company's total revenue, which settled at an impressive $1.28 billion during that specific quarter.

Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $4.99 billion. Furthermore, they are predicting profit of $1.51 per share for the full year.

 

Additionally, The company will host a conference call with investors and analysts on 30th October 2024 at 05:30 PM eastern time to review the Q3 2024 financial results.

Throughout Monday's trading, Herbalife Ltd. (HLF) shares fluctuated between $6.79 and $7.10, with a trading volume of 2.02 million shares. The stock ended the regular trading session at $6.94, indicating an increase of 3.12 percent.