Investing.com - Herbalife reported on Monday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Herbalife announced earnings per share of $0.91 on revenue of $1.3B. Analysts polled by Investing.com EPS of $0.80 on revenue of $1.3B.
Herbalife 's are down 40% and is trading at $20.99 , still down 54.85% from its 52 week high of $47.09 set on Monday, November 1, 2021.
Herbalife shares lost 1.27% to trade at $20.99 in after-hours trade the report.
Herbalife follows other major Consumer Staples sector earnings this month
Herbalife's report follows an earnings beat by Procter&Gamble on Wednesday, October 19, 2022, who reported EPS of $1.57 on revenue of $20.6B, EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $0.69 on revenue of $11.1B, for EPS of $0.6388 on revenue of $10.53B.
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