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Fly News Breaks for November 19, 2019
Nov 19, 2019 | 09:22 EDT
DA Davidson analyst Linda Bolton Weiser is keeping her Neutral rating and $42 on Nu Skin while lowering her Q4 EPS view by 22c to 73c after its Q3 sales miss. The analyst notes that the constant currency sales in Americas/Pacific, Southeast Asia, and EMEA were all below her expectations, and she is also cutting her constant currency sales view for the current quarter to -13% from -4%. Weiser further states that although November trends saw some improvement for Nu Skin, its uncertain pace of recovery in China warrants a neutral stance.
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