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What: Shares of supplements supplier Herbalife
So what: Management told investors to expect $3.25 to $3.45 a share in profits next year, well below the $3.57 Wall Street had been projecting.
Now what: Interestingly, the guidance overshadowed an otherwise big Q3 beat. Revenue grew 30% to $895.2 million. Profits improved 38% to $0.87 a share. Analysts were expecting just $0.76 a share of profit on $845.2 million in revenue, according to data compiled by Yahoo! Finance. Which matters more: the beat or the miss? Would you buy shares of Herbalife at current prices? Please weigh in using the comments box below.
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