Nu Skin Enterprises, Inc. (NYSE:NUS) will reveal its earnings numbers for the first three months of 2014 on Tuesday. The company, which is involved in the distribution and sale of anti-aging products and nutritional supplements across the world, is expected to show seasonally work earnings, but growth is still expected to be strong.
Direct selling companies like Nu Skin Enterprises, Inc. (NYSE:NUS) have attracted a lot of attention in recent years on the back of the rise of Herbalife Ltd. (NYSE:HLF) and the short campaign ran by investor Bill Ackman against that company. The multilevel marketing business model is under pressure in 2014, and the future of Nu Skin appears to be intertwined with that of competitors Herbalife, though much of its recent issues have been on the other side of the world.
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Nu Skin earnings to grow in 2014
Analysts are, by consensus, expecting to show earnings of 94 cents per share when it reveals earnings numbers before the market opens on Tuesday May 6. Consensus revenue estimates, which were taken from a Businessweek survey of 7 analysts following the company, came in at $657 million.
The same three months of 2013 saw Nu Skin Enter