Nu Skin: Q1 Earnings Snapshot
By AP News
Published - May 03, 2023, 05:28 PM ET
Last Updated - Jun 21, 2023, 11:12 PM EDT
PROVO, Utah (AP) — PROVO, Utah (AP) — Nu Skin Enterprises Inc. (NUS) on Wednesday reported first-quarter net income of $11.4 million.
On a per-share basis, the Provo, Utah-based company said it had profit of 23 cents. Earnings, adjusted for one-time gains and costs, were 37 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share.
The seller of skin care and nutritional products through a direct-selling model posted revenue of $481.5 million in the period.
