Herbalife (HLF) Stock Jumps in After-Hours Trading on Earnings Beat

NEW YORK (TheStreet) -- Shares of Herbalife (HLF) were jumping 16.2% to $46.60 in after-hours trading on Tuesday after the multi-level marketing company beat analysts' estimates for earnings and revenue in the first quarter.

Herbalife reported earnings of $1.29 a share for the first quarter, beating analysts' estimates of $1.01 a share for the quarter. Revenue declined 12% year over year to $1.11 billion, above analysts' estimates of $1.08 billion.

The company raised its 2015 EPS estimates to a range of $4.30 to $4.60 a share from its previous range of $4.10 to $4.50 a share for the year. Analysts expect Herbalife to report earnings of $4.24 a share for the year.

"As reflected in our record sales leader retention results, we remain confident that we are building a stable foundation for volume and sales growth, driving long-term shareholder value creation, and providing an even better experience for our millions of Members and our customers throughout the world," Chairman and CEO Michael Johnson said in a statement.

TheStreet Ratings team rates HERBALIFE LTD as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

"We rate HERBALIFE LTD (HLF) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its expanding profit margins and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself."

You can view the full analysis from the report here: HLF Ratings Report

HLF ChartHLF data by YCharts

More from Markets

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers