Nu Skin Releases Better-Than-Expected Preliminary Q4 Results
Investors in Nu Skin Enterprises hungry for good news from the company got what they wished today. The firm released its preliminary Q4 results indicating that revenue came in at $1.1 billion, resulting in earnings of $2.00 to $2.02 per share, or approximately $119 million to $120 million.
Both figures would exceed the average analyst projections, which currently stand at $1.0 billion for top line and $1.92 for EPS.
The upside surprises if realized would be a relief for Nu Skin's shareholders, who have seen the stock price wither since a Chinese government agency launched an investigation into the company's operations last month. This was on the heels of a newspaper report that said the company was operating a "suspected illegal pyramid scheme."
Nu Skin is scheduled to release its official Q4 and fiscal 2013 results before the market opens on Thursday.
The article Nu Skin Releases Better-Than-Expected Preliminary Q4 Results originally appeared on Fool.com.Eric Volkman has no position in Nu Skin Enterprises. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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