Nu Skin Enterprises Full Year 2023 Earnings: EPS Misses Expectations

In this article:

Nu Skin Enterprises (NYSE:NUS) Full Year 2023 Results

Key Financial Results

  • Revenue: US$1.97b (down 12% from FY 2022).

  • Net income: US$8.60m (down 92% from FY 2022).

  • Profit margin: 0.4% (down from 4.7% in FY 2022).

  • EPS: US$0.17 (down from US$2.10 in FY 2022).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Nu Skin Enterprises EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 72%.

Looking ahead, revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Personal Products industry in the US.

Performance of the American Personal Products industry.

The company's shares are down 22% from a week ago.

Risk Analysis

Be aware that Nu Skin Enterprises is showing 3 warning signs in our investment analysis and 1 of those is significant...

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Advertisement