Herbalife Q4 Profit Rises - Quick Facts

(RTTNews) - Herbalife Ltd. (HLF) reported fourth-quarter net income of $123.5 million, or $1.15 per share, compared to $112.21 million or $1.00 per share, prior year. On an adjusted basis, net income for the quarter was $137.2 million, or $1.28 per share.

On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $1.25 for the quarter. Analysts' estimates typically exclude special items.

Worldwide net sales were $1.27 billion, reflecting an increase of 20 percent compared to the same period in 2012, on volume point growth of 13 percent. Analysts expected revenue of $1.25 billion for the quarter.

For the first-quarter, the company expects net sales growth in the range of 8.0% 10.0%, and an adjusted earnings per share in the range of $1.25 to $1.29. Analysts expect the company to report first-quarter profit per share of $1.35.

For fiscal 2014, the company expects net sales growth in the range of 7.5% to 9.5%, and an adjusted earnings per share in the range of $5.85 to $6.05. Analysts expect the company to report fiscal 2014 earnings per share of $5.87.

Herbalife reported that its Board has approved a dividend of $0.30 per share to shareholders of record March 4, 2014, payable on March 18, 2014.