Nu Skin Enterprises

Nu Skin Enterprises (NUS - Snapshot Report), which was recently recognized for outstanding business performance, continues to see higher forecasts from analysts ahead of reporting next week. Current year earnings projections of $1.18 per share are 4% higher than the estimates of 3 months ago.

Award-winning Performance

The company recently announced that its founder and Chairman of the Board Blake Roney received the International Stevie Award as the top chairman of the board by the 2009 International Business Awards, which is the only global, all-encompassing business awards program honoring great performances in business. Nu Skin added that this recognition came on the heels of the company's largest revenue year ever.

Bullish Forecasts

Analysts' current year earnings projections of $1.18 per share were hiked by 4% over the past 3 months.

For 2010, earnings estimates of $1.35 per share are above the 3 months-ago level of $1.31.

Second-quarter forecasts of 30 cents per share were increased from 29 cents over them past 3 months.

Nu Skin is scheduled to release results for the second quarter on July 29.

NUS is a Consistent Outperformer

Shares of NUS have been trading higher than when last covered in mid-June. The company has also outperformed the market over the past year.

Read our June 19 commentary on NUS.

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