LifeVantage (NASDAQ:LFVN) Releases FY 2024 Earnings Guidance

LifeVantage (NASDAQ:LFVN - Get Free Report) issued an update on its FY 2024 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.570-0.670 for the period, compared to the consensus earnings per share estimate of 0.600. The company issued revenue guidance of $202.0 million-$205.0 million, compared to the consensus revenue estimate of $209.3 million.

LifeVantage Stock Performance

LFVN stock traded up $0.46 during midday trading on Friday, reaching $6.57. 23,933 shares of the company traded hands, compared to its average volume of 33,350. The firm has a market capitalization of $84.54 million, a price-to-earnings ratio of 28.57 and a beta of 0.80. LifeVantage has a 52-week low of $3.04 and a 52-week high of $8.69. The business has a 50 day moving average of $6.51 and a 200-day moving average of $6.38.

LifeVantage (NASDAQ:LFVN - Get Free Report) last issued its quarterly earnings results on Tuesday, January 30th. The company reported $0.10 earnings per share (EPS) for the quarter. LifeVantage had a return on equity of 19.96% and a net margin of 1.40%. The company had revenue of $51.62 million during the quarter.

LifeVantage Company Profile

(Get Free Report)

LifeVantage Corporation engages in the identification, research, development, formulation, and sale of advanced nutrigenomic activators, dietary supplements, nootropics, pre- and pro-biotics, weight management, skin and hair care, bath and body, and targeted relief products. It offers Protandim, a dietary supplement; LifeVantage Omega+, a dietary supplement that combines DHA and EPA Omega-3 fatty acids, Omega-7 fatty acids, and vitamin D3; LifeVantage ProBio, a dietary supplement to support gut health; PhysIQ, a weight management system; LifeVantage IC Bright, a supplement to support eye and brain health, reduce eye fatigue and strain, supports cognitive functions, and support normal sleep patterns; Petandim for Dogs, a supplement to combat oxidative stress in dogs; and Axio, a nootropic energy drink mix.

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