PROVO, Utah (AP) _ Nu Skin Enterprises Inc. (NUS) on Thursday reported first-quarter earnings of $3.3 million.
On a per-share basis, the Provo, Utah-based company said it had profit of 6 cents. Earnings, adjusted for one-time gains and costs, were 42 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.
The seller of skin care and nutritional products through a direct-selling model posted revenue of $471.8 million in the period.
For the current quarter ending in July, Nu Skin said it expects revenue in the range of $560 million to $580 million.
The company expects full-year earnings in the range of $2.65 to $2.85 per share.
Nu Skin shares have increased almost 4 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $39.34, a fall of 33 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NUS at http://www.zacks.com/ap/NUS
Keywords: Nu Skin Enterprises, Earnings Report
Automated Insights, source Associated Press News