Wellness products company Nature’s Sunshine (NASDAQ: NATR) will be reporting results this Thursday afternoon. Here’s what investors should know.
Nature's Sunshine beat analysts’ revenue expectations by 3.6% last quarter, reporting revenues of $113.2 million, up 2% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ EPS estimates and a solid beat of analysts’ EBITDA estimates.
Is Nature's Sunshine a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Nature's Sunshine’s revenue to grow 2.3% year on year to $113.1 million, a reversal from the 5.1% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.17 per share.
The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Nature's Sunshine has missed Wall Street’s revenue estimates three times over the last two years.
Looking at Nature's Sunshine’s peers in the consumer staples segment, some have already reported their Q2 results, giving us a hint as to what we can expect. USANA delivered year-on-year revenue growth of 10.8%, beating analysts’ expectations by 4.7%, and Boston Beer reported revenues up 1.5%, in line with consensus estimates. USANA traded up 12.4% following the results while Boston Beer was also up 6.5%.
Read our full analysis of USANA’s results here and Boston Beer’s results here.
There has been positive sentiment among investors in the consumer staples segment, with share prices up 3.6% on average over the last month. Nature's Sunshine is up 1.4% during the same time and is heading into earnings with an average analyst price target of $20.50 (compared to the current share price of $14.99).
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