logo
  

USANA Health Sciences Q1 Income Drops, but beats estimates

USANA Health Sciences (USNA) released a profit for first quarter that decreased from the same period last year but beat the Street estimates.

The company's earnings came in at $16.54 million, or $0.86 per share. This compares with $18.38 million, or $0.95 per share, in last year's first quarter.

Analysts on average had expected the company to earn $0.69 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 8.3% to $227.80 million from $248.36 million last year.

USANA Health Sciences earnings at a glance (GAAP) :

-Earnings (Q1): $16.54 Mln. vs. $18.38 Mln. last year.
-EPS (Q1): $0.86 vs. $0.95 last year.
-Revenue (Q1): $227.80 Mln vs. $248.36 Mln last year.

-Guidance:
Full year EPS guidance: $2.40 - $3.00
Full year revenue guidance: $850 - $920 Mln

For comments and feedback contact: editorial@rttnews.com

Comments from the Fed Chair Jerome Powell were in focus this week that also saw the release of latest inflation figures for the U.S. economy. Find out what Powell said and why those remarks underpinned investor sentiment. In Asia, Japan released first quarter GDP figures. Explore how that served to cloud the outlook for Bank of Japan interest rates. In Europe, some key figures for the U.K. labor market were released.

View More Videos
RELATED NEWS
Follow RTT