Nu Skin Enterprises Inc. (NUS: Quote) reported higher fourth-quarter net income of $59.23 million, or $0.97 per share, versus last year's $49.52 million, or $0.76 per share. On average, 8 analysts polled by Thomson Reuters expected earnings per share of $0.94 for the quarter. Analysts' estimates typically exclude one-time items.
Revenue of $588.2 million for the quarter, were 19 percent higher than $495.3 million in the prior-year period. Revenue was not materially impacted by foreign currency fluctuations. Analysts estimated revenues of $579.50 million for the quarter.
Looking ahead to the first quarter, earnings per share are estimated to be $0.75 - $0.77, and revenue of $500 million - $510 million. This revenue guidance anticipates a 3 percent negative impact from foreign currency. Analysts project first-quarter earnings of $0.84 per share and revenue of $514.20 million.
The company expects 2013 earnings per share to be in the range of $3.77 to $3.92 with an anticipated negative foreign currency impact of 3 to 4 percent. Additionally, the company said it has raised its full-year 2013 revenue guidance by $50 million to $2.30 billion - $2.35 billion. Analysts project full-year earnings of $3.97 per share, on $2.33 billion revenue.
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by RTT Staff Writer
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