MLM Company Herbalife Shares Fall On Earnings Forecast
Stock Market News and Investment Information | Reuters.com:
"CHICAGO (Reuters) - Nutritional supplements marketer Herbalife Ltd.'s (HLF.N: Quote, Profile, Research) shares fell more than 10 percent on Wednesday, a day after the company forecast first-quarter profit below analysts' estimates.
Herbalife on Tuesday said it expected earnings of 37 cents to 41 cents a share in the first quarter. Analysts on average forecast 42 cents a share, according to Reuters Estimates. Some estimates were revised on Wednesday."
"CHICAGO (Reuters) - Nutritional supplements marketer Herbalife Ltd.'s (HLF.N: Quote, Profile, Research) shares fell more than 10 percent on Wednesday, a day after the company forecast first-quarter profit below analysts' estimates.
Herbalife on Tuesday said it expected earnings of 37 cents to 41 cents a share in the first quarter. Analysts on average forecast 42 cents a share, according to Reuters Estimates. Some estimates were revised on Wednesday."
posted by the MLM News Desk at
2:55 AM
