GEORGE TOWN, Cayman Islands (AP) _ Herbalife Ltd. (HLF) on Thursday reported first-quarter earnings of $85.2 million.
The George Town, Cayman Islands-based company said it had net income of 98 cents per share. Earnings, adjusted for non-recurring costs, came to $1.24 per share.
The seller of supplements and weight-loss products posted revenue of $1.1 billion in the period.
For the current quarter ending in July, Herbalife expects its per-share earnings to range from 85 cents to $1.05. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.07.
The company expects full-year earnings in the range of $4.05 to $4.45 per share.
Herbalife shares have climbed 29 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $62.20, an increase of slightly more than 7 percent in the last 12 months.
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