Nu Skin Enterprises (NYSE:NUS – Get Free Report) updated its fourth quarter 2024 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.190-0.290 for the period, compared to the consensus estimate of 0.200. The company issued revenue guidance of $410.0 million-$445.0 million, compared to the consensus revenue estimate of $441.0 million. Nu Skin Enterprises also updated its FY 2024 guidance to 0.650-0.750 EPS.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on the company. DA Davidson decreased their price objective on Nu Skin Enterprises from $12.50 to $11.00 and set a “neutral” rating on the stock in a report on Monday, August 12th. StockNews.com downgraded shares of Nu Skin Enterprises from a “buy” rating to a “hold” rating in a research note on Wednesday, October 23rd. Finally, Citigroup cut their price objective on shares of Nu Skin Enterprises from $11.50 to $6.75 and set a “neutral” rating for the company in a research note on Tuesday, October 22nd.
Get Our Latest Analysis on NUS
Nu Skin Enterprises Trading Up 1.6 %
Nu Skin Enterprises (NYSE:NUS – Get Free Report) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. Nu Skin Enterprises had a positive return on equity of 7.80% and a negative net margin of 8.05%. The business had revenue of $439.10 million for the quarter, compared to analysts’ expectations of $431.87 million. During the same period in the previous year, the firm earned $0.54 EPS. The business’s quarterly revenue was down 12.2% on a year-over-year basis. On average, research analysts predict that Nu Skin Enterprises will post 0.78 EPS for the current year.
Nu Skin Enterprises Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 11th. Investors of record on Friday, November 29th will be issued a dividend of $0.06 per share. The ex-dividend date is Friday, November 29th. This represents a $0.24 dividend on an annualized basis and a yield of 3.66%. Nu Skin Enterprises’s dividend payout ratio is currently -8.05%.
About Nu Skin Enterprises
Nu Skin Enterprises, Inc, together with its subsidiaries, engages in the development and distribution of various beauty and wellness products worldwide. It offers skin care devices, cosmetics, and other personal care products, including ageLOC LumiSpa and ageLOC LumiSpa iO; and nutricentials skin care products.
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