Why Nu Skin Enterprises Stock Fell Today
Shares of Nu Skin Enterprises (NYSE: NUS) are down 14.6% as of 1:15 p.m. EST Thursday after the personal-care consumer discretionary company announced in-line fourth-quarter 2019 results, but followed with disappointing guidance.
Quarterly revenue declined 14.6% year over year to $583.4 million, translating to net income of $40.1 million, or $0.72 per share (down from adjusted earnings of $1.05 per share in the year-ago period). Analysts, on average, were expecting roughly the same earnings on slightly lower revenue of $582 million.
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Source Fool.com
