Herbalife Ltd. (HLF) reported net income for the first quarter of $118.9 million or $1.10 per share, compared to $108.2 million or $0.88 per share for the year-ago quarter.
Excluding items, adjusted net income for the latest quarter was $137.4 million or $1.27 per share.
Net sales for the first quarter rose 17% to $1.12 billion from $964.18 million in the same quarter last year on volume point growth of 13%.
Analysts polled by Thomson Reuters expected the company to earn $1.07 per share on revenue of $1.11 billion for the first quarter. Analysts' estimates typically exclude special items.
Looking forward, the company forecast second quarter adjusted earnings of $1.14 to $1.18 per share on net sales growth of 11% to 13%..
The company raised its full year 2013 adjusted earnings guidance to a range of $4.60 to $4.80 per share from its prior guidance of $4.45 to $4.65 per share
The company said it now expects full year 2013 net sales to grow 13% to 15%, compared to its prior forecast of 12% to 14% growth.
Analysts currently expect the company to earn $1.26 per share for the second quarter and $4.66 per share for the full year 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.