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Here's How Nu Skin (NUS) Looks Just Ahead of Q3 Earnings

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Nu Skin Enterprises, Inc. (NUS - Free Report) is scheduled to release third-quarter 2019 results on Nov 5. This cosmetic, personal care and wellness products provider’s earnings came in line with the Zacks Consensus Estimate in the last reported quarter.

Let’s see what’s in store for the company this time around.

Nu Skin Enterprises, Inc. Price, Consensus and EPS Surprise

Nu Skin Enterprises, Inc. Price, Consensus and EPS Surprise

Nu Skin Enterprises, Inc. price-consensus-eps-surprise-chart | Nu Skin Enterprises, Inc. Quote

What to Expect?

The Zacks Consensus Estimate for third-quarter earnings has been stable over the past 30 days at 76 cents. However, this suggests a decline of 19.2% from the year-ago period’s reported figure. The consensus mark for revenues is $631 million, indicating a drop of about 10% from the figure reported in the year-ago quarter.

Factors at Play

Foreign currency headwinds are expected to show on Nu Skins’ third-quarter results. In the last earnings call, management projected currency headwinds of nearly 2% to impact third-quarter sales. Apart from this, headwinds in Mainland China (related to the 100-day government campaign) have been a concern. For the third quarter, management guided revenues of $595-$615 million. The projection suggests a decline of almost 9-12% from the year-ago quarter’s reported figure. Earnings are anticipated between 74 cents and 81 cents. In the prior-year quarter, the company delivered earnings of 94 cents.

Nonetheless, efforts to strengthen customer base through effective marketing and product launches are likely to have offered some cushion to Nu Skin in the quarter under review. To this end, the launch of ageLOC LumiSpa most likely continued to yield favorable results.

What the Zacks Model Unveils

Our proven model does not conclusively predict an earnings beat for Nu Skin this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.

Nu Skin has an Earnings ESP of -0.88% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Stocks With Favorable Combination

Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat:

e.l.f. Beauty (ELF - Free Report) has an Earnings ESP of +10.71% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Ollie's Bargain Outlet (OLLI - Free Report) has an Earnings ESP of +3.45% and Zacks Rank #3.

Post Holdings (POST - Free Report) has an Earnings ESP of +5.14% and a Zacks Rank #3.

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