02.07.2020 15:50:55

Stock Alert: Nu Skin Share Surge 21% On Upbeat Q2 Revenue Outlook

(RTTNews) - Shares of Nu Skin Enterprises Inc. (NUS) are currently trading at $46.84, up $8.39 or 21.83%. The stock has been trading in the range of $12.31 - $47.51 for the past one year. Trading volume totaled 451K versus an average volume of 852K shares.

The skin care products maker now expects Q2 revenue to be in the range of $603 million - $608 million, up from the previously communicated range of $520 million - $550 million. Analysts polled by Thomson Reuters expect revenues of $540.85 million for the quarter. Analysts' estimate typically exclude certain special items.

The company lifted its outlook due to "strong global customer growth with particular strength in the Americas and Europe."

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Nu Skin Enterprises Inc. A 7,20 -0,69% Nu Skin Enterprises Inc. A