Earnings To Watch: USANA (USNA) Reports Q2 Results Tomorrow
Health and wellness products company USANA Health Sciences (NYSE:USNA) will be reporting earnings this Tuesday after the bell. Here’s what to look for.
USANA beat analysts’ revenue expectations last quarter, reporting revenues of $250.2 million, flat year on year. It was an exceptional quarter for the company, with an impressive beat of analysts’ EBITDA estimates and a beat of analysts’ EPS estimates.
Is USANA a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting USANA’s revenue to be flat year on year, slowing from the 10.8% increase it recorded in the same quarter last year.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. USANA has missed Wall Street’s revenue estimates multiple times over the last two years.
Looking at USANA’s peers in the consumer staples segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Vita Coco delivered year-on-year revenue growth of 28.1%, beating analysts’ expectations by 3%, and WD-40 reported revenues up 24.3%, topping estimates by 12.9%. Vita Coco traded down 11.4% following the results while WD-40 was up 10.6%.
Read our full analysis of Vita Coco’s results here and WD-40’s results here.
Investors in the consumer staples segment have had steady hands going into earnings, with share prices flat over the last month. USANA is up 1.4% during the same time and is heading into earnings with an average analyst price target of $39 (compared to the current share price of $22.11).
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