-=Herbalife Nutrition (HLF) reported earnings on Tue 29 Oct 2019 (a/h)

Herbalife Nutrition reports EPS in-line, beats on revs; guides Q4 EPS in-line, revs below two analyst estimate; issues FY20 guidance

Reports Q3 (Sep) earnings of $0.73 per share, excluding non-recurring items, in-line with the S&P Capital IQ Consensus of $0.73; revenues rose 0.1% year/year to $1.24 bln vs the $1.21 bln two analyst estimate.

Co issues guidance for Q4, sees EPS of $0.52-0.72, excluding non-recurring items, vs. $0.69 S&P Capital IQ Consensus; sees Q4 revs -0.9% to +4.6% to ~$1.175-1.187 bln vs. $1.22 bln two analyst estimate.

Co issues mixed guidance for FY19, sees EPS of $2.89-3.09, excluding non-recurring items, vs. $2.72 S&P Capital IQ Consensus; sees FY19 revs -1.2% to +0.1% to ~$4.833-4.897 bln vs. $4.93 bln two analyst estimate.

Co issues downside guidance for FY20, sees EPS of $2.70-3.20, excluding non-recurring items, vs. $3.21 S&P Capital IQ Consensus; sees FY2020 rev growth of 1.0% to 7.0% yr/yr.

BoDs also announced that John Agwunobi, Co-President and Chief Health and Nutrition Officer, will become Chief Executive Officer, effective March 30, 2020. At that time, John DeSimone, Co-President and Chief Strategic Officer, will become President. Michael Johnson, who is serving as CEO on an interim basis, will remain Chairman of the Board of Directors.