Nu Skin Enterprises Q4 Earnings Rise; Beats Estimates; Raises Dividend (NUS)

Nu Skin Enterprises, Inc. (NUS) reported higher fourth quarter earnings on Monday, which came in above analysts’ estimates.

NUS Earnings in Brief

NUS reported earnings of $2.02 per share, up from 97 cents per share a year ago.  Revenue increased 82% to $1.056 billion. On average, analysts expected to see earnings of $1.99 per share and $1.07 billion in revenue. Revenue for FY2013 rose 49% to $3.177 billion. EPS for the year was $5.94 per share.

CEO Commentary

Truman Hunt, president and CEO of NUS commented: ”We are pleased to report solid growth for the fourth quarter and full year of 2013. We achieved this growth by continuing to increase our consumer base and sales force, while also executing the limited-time offering of our ageLOC TR90 weight management and body shaping system.”

NUS Raises Dividend

NUS announced that it has increased its dividend by 15% to 34.5 cents. The dividend will be paid on March 26 to shareholders of record on March 14.

Stock Performance 

Nu Skin Enterprises shares were down $4.55, or 5.45%, during pre-market trading Monday. The stock is down 40% YTD.