Nu Skin: Q1 Earnings Snapshot

Associated Press Finance
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PROVO, Utah (AP) — PROVO, Utah (AP) — Nu Skin Enterprises Inc. (NUS) on Wednesday reported first-quarter net income of $11.4 million.

On a per-share basis, the Provo, Utah-based company said it had profit of 23 cents. Earnings, adjusted for one-time gains and costs, were 37 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share.

The seller of skin care and nutritional products through a direct-selling model posted revenue of $481.5 million in the period.

For the current quarter ending in June, Nu Skin said it expects revenue in the range of $485 million to $525 million.

The company expects full-year earnings in the range of $2.41 to $2.81 per share, with revenue ranging from $2.03 billion to $2.18 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NUS at https://www.zacks.com/ap/NUS

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