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Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
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  • Herbalife Revenue And Earnings Climb 0 comments
    Oct 29, 2013 11:10 AM | about stocks: HLF

    Originally published at

    Filing in Focus: Herbalife 8-K, October 28, 2013

    Herbalife Ltd. (NYSE:HLF) reported revenue and earnings increases in its most recent financial results for the third quarter this fiscal year, beating analyst expectations. Revenue of $1.21B beat analyst predictions of $1.197B while earnings per share estimates were also exceeded. Net income for the quarter was $152.1M, or $1.41 per share, up from last year this quarter of $111.9M and $0.98 per share. Cash flow increased 58% to $225.5M while the company also repurchased $110M through a share repurchase program while also investing $31.8M in capital, and paying investors $30.8M in dividends. Chairman and CEO Michael Johnson remarked that the company is continuing to deliver top-level performance, delivering a sixteenth consecutive quarter of double-digit revenue growth.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: HLF
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