(RTTNews) -  Tuesday,Nu Skin Enterprises Inc.(NUS: News ), personal care products company, said it expects third quarter earnings and revenue to come in ahead of analysts estimates, essentially due an improvement in operating margin. With strong third quarter results anticipated, the company raised its guidance for the full year.

Nu Skin's third quarter earnings are expected in the range of $0.39 to $0.40 per share, compared to $0.26 per share in the prior-year period. Results for the quarter includes $0.01 per share in restructuring charges related to Japan.

Revenue for the quarter are estimated to grow 8% to $334.2 million, benefited by a 1% gain from foreign currency fluctuations.

Truman Hunt, president and chief executive officer said,"Our local currency revenue growth accelerated to 7 percent, boosted by continued sales trend improvements in Japan and double-digit growth in South East Asia, South Korea, Mainland China, Europe and Latin America."

Analysts polled by Thomson-Reuters currently expect the company to report earnings of $0.34 per share, on revenue of $315.1 million for the quarter. Analysts' estimates typically exclude one-time items.
North America business is expected to report a 7 % growth in the quarter.

Nu Skin also raised its guidance for the year and anticipates revenue of $1.29 billion to $1.30 billion. Earnings for the year are expected in the range of $1.25 to $1.27 per share, which includes an estimated restructuring charge of approximately $0.13 per share.

Nu Skin is scheduled to report third quarter financial results on October 29.

Nu Skin is currently trading at $23.51,up $1.58 on the NYSE.

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by RTT Staff Writer

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