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Marshall Hargrave
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Former registered investment adviser rep and current entrepreneur. Now running an equity research company. Affinity for activist campaigns and targeted stocks. Check out our newsletter and activist model portfolio at stockpucker.com and follow us on twitter @stockpucker
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  • Herbalife (HLF): Earnings Beat, Ups Guidance, Who Cares? 0 comments
    Feb 19, 2013 4:52 PM | about stocks: HLF

     

    Herbalife (NYSE:HLF) is up 9% in the after market, this after posting EPS that beat estimates, and after the company upped its 2013 guidance. Herbalife posted $1.05 EPS. Sales came in at $1.1 billion, according to the earnings release. The consensus was that the MLM company would post EPS of $1.03 on sales of $1.049 billion.

     

    Herbalife Ltd. (HLF) today reported fourth quarter net sales of $1.1 billion, reflecting an increase of 20 percent compared to the same time period in 2011 on volume point growth of 18 percent. Net income for the quarter of $117.8 million, or $1.05 per diluted share, compares to 2011 fourth quarter net income of $105.4 million and EPS of $0.86, respectively.

    Despite all the noise and sword-wielding that billionaires Bill Ackman (who is short) and Carl Icahn (who is long) are doing, there are still questions surrounding the company.

    read the rest at the stockpucker blog...

    Themes: hedge funds, earnings Stocks: HLF
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