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Nu Skin: Q1 Earnings Snapshot

May 4, 2022 GMT

PROVO, Utah (AP) _ Nu Skin Enterprises Inc. (NUS) on Wednesday reported first-quarter net income of $38.7 million.

The Provo, Utah-based company said it had net income of 76 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.

The seller of skin care and nutritional products through a direct-selling model posted revenue of $604.9 million in the period.

For the current quarter ending in July, Nu Skin said it expects revenue in the range of $590 million to $620 million.

The company expects full-year earnings in the range of $3.60 to $3.90 per share, with revenue ranging from $2.51 billion to $2.62 billion.

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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 https://www.zacks.com/ap/NUS