Nu Skin Enterprises, Inc. (NUS) Beats Earnings Estimates

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Nu Skin Enterprises, Inc. (NUS) Beats Earnings Estimates

Nu Skin Enterprises, Inc. (NYSE:NUS) released the earnings results from its first quarter, posting earnings of $1.05 per share, a 17% increase, on $671.1 million in revenue, a 24% increase. That was enough to beat the estimates of analysts at 94 cents per share in earnings and $656.8 million in revenue.

Breaking down Nu Skin’s earnings results

The multi-level marketing company reported a 63% increase in revenue in Greater China, which rose to $278.9 million during the quarter. Sales leader count rose 41% in the region, and the number of actives rose 17% year over year. In North Asia, first quarter revenue rose 5% to $195.5 million. The number of sales leaders rose 7%, while the number of actives rose 11%. In the South Asia / Pacific region, revenue grew 6% to $71.2 million. The number of sales leaders rose 27%, and the number of actives increased 17% during the quarter.

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