Stock Track | Herbalife Stock Soars 7.68% After Solid Q3 Earnings Beat

Stock Track11-01

Herbalife's (NYSE: HLF) stock soared 7.68% on Thursday, November 1st, after the company reported impressive third-quarter earnings results, bucking the trend of its peers in the consumer staples industry.

The nutrition and weight management company reported revenues of $1.24 billion, down 3.2% year-over-year but still beating analysts' expectations. While the revenue figure slightly missed estimates, Herbalife delivered a strong performance by exceeding analysts' projections for earnings and EBITDA (earnings before interest, taxes, depreciation, and amortization).

The positive earnings surprise fueled a rally in Herbalife's stock, which is currently trading at $7.55, up 10.4% since the company released its Q3 results. This performance stands in contrast to the broader consumer staples industry, which saw mixed results in the third quarter, with revenues in line with consensus estimates but next quarter's revenue guidance coming in 12.4% below expectations.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1159268614?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-01 22:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1159268614","market":"us","top_or_hot":-1,"title":"Stock Track | Herbalife Stock Soars 7.68% After Solid Q3 Earnings Beat","media":"Stock Track","content":"<p>Herbalife's (NYSE: HLF) stock soared 7.68% on Thursday, November 1st, after the company reported impressive third-quarter earnings results, bucking the trend of its peers in the consumer staples industry.</p>\n\n<p>The nutrition and weight management company reported revenues of $1.24 billion, down 3.2% year-over-year but still beating analysts' expectations. While the revenue figure slightly missed estimates, Herbalife delivered a strong performance by exceeding analysts' projections for earnings and EBITDA (earnings before interest, taxes, depreciation, and amortization).</p>\n\n<p>The positive earnings surprise fueled a rally in Herbalife's stock, which is currently trading at $7.55, up 10.4% since the company released its Q3 results. This performance stands in contrast to the broader consumer staples industry, which saw mixed results in the third quarter, with revenues in line with consensus estimates but next quarter's revenue guidance coming in 12.4% below expectations.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Herbalife Stock Soars 7.68% After Solid Q3 Earnings Beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Herbalife Stock Soars 7.68% After Solid Q3 Earnings Beat\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-01 22:40 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Herbalife's (NYSE: HLF) stock soared 7.68% on Thursday, November 1st, after the company reported impressive third-quarter earnings results, bucking the trend of its peers in the consumer staples ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HLF","symbol_name":"康宝莱","start_time":0,"source_url":"","article_id":"1159268614","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1159268614","pubTimestamp":1730472044,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Herbalife's  stock soared 7.68% on Thursday, November 1st, after the company reported impressive third-quarter earnings results, bucking the trend of its peers in the consumer staples industry.The nutrition and weight management company reported revenues of $1.24 billion, down 3.2% year-over-year but still beating analysts' expectations. While the revenue figure slightly missed estimates, Herbalife delivered a strong performance by exceeding analysts' projections for earnings and EBITDA .The pos","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HLF":"康宝莱"},"translate_title":"股票轨迹康宝莱股价在第三季度盈利稳健后飙升7.68%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HLF":1},"content_text":"Herbalife's (NYSE: HLF) stock soared 7.68% on Thursday, November 1st, after the company reported impressive third-quarter earnings results, bucking the trend of its peers in the consumer staples industry.\nThe nutrition and weight management company reported revenues of $1.24 billion, down 3.2% year-over-year but still beating analysts' expectations. While the revenue figure slightly missed estimates, Herbalife delivered a strong performance by exceeding analysts' projections for earnings and EBITDA (earnings before interest, taxes, depreciation, and amortization).\nThe positive earnings surprise fueled a rally in Herbalife's stock, which is currently trading at $7.55, up 10.4% since the company released its Q3 results. This performance stands in contrast to the broader consumer staples industry, which saw mixed results in the third quarter, with revenues in line with consensus estimates but next quarter's revenue guidance coming in 12.4% below expectations.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1159268614"}