Nature S Sunshine Up 10.5% To $15.57 After Earnings Beat

Thursday, August 10, 2023 - Nature S Sunshine (NATR) reported upside earnings and revenues today.

Nature S Sunshine's earnings came in at an EPS of $0.12 per share, 300.00% higher than estimates for an EPS of $0.03 per share. The firm's earnings are up 300% since reporting $0.03 per share in the same period a year ago. Remember, earnings reported were on an adjusted basis, so they may not be comparable to prior reports and/or analyst estimates.

Revenues were upbeat at $116.5 million. That is an increase of 11.89% in revenues from the year-ago report and is 12.59% higher than consensus estimates set at $103.5 million.

The stock is up 10.5% to $15.57 after the report.

The firm's lower revenue growth to earnings signals that the firm has been able to reduce costs and improve its profit margin overall.

Wall Street Analysts had an average rating of Strong Buy on the stock prior to the report.

Trading in the five days leading up to the report earned Nature S Sunshine a Bullish Sentiment Rank from InvestorsObserver.

Prior to the report, InvestorsObserver gave the stock an overall score of 62. Meanwhile, the average Wall Street analyst rated the stock a Strong Buy.

Natures Sunshine Products Inc is a natural health and wellness company, primarily engaged in the manufacturing and selling of nutritional and personal care products. The company markets its products in Australia, Austria, Belarus, Canada, Colombia, Costa Rica, the Czech Republic, Denmark, the Dominican Republic, Ecuador, El Salvador, Finland, Germany, Guatemala, Honduras, Hong Kong, and in various other countries. The company operates in four segments namely, Asia, Europe, North America, and Others. It offers products related to general health, immunity, cardiovascular, digestive, personal care and weight management.