Herbalife delivered quarterly earnings and revenue that surpassed analysts' expectations on Tuesday, sending shares higher in after-hours trading.
The company posted fourth-quarter earnings excluding items of $1.28 per share, up from $1 a share in the year-earlier period. Revenue increased to $1.27 billion from $1.06 billion a year ago.
Analysts had expected the company to report fourth-quarter earnings excluding items of $1.25 a share on $1.25 billion in revenue, according to a consensus estimate from Thomson Reuters.
The company gave significantly higher guidance for the full fiscal year, predicting earnings of $5.85 to $6.05, up from earlier estimates of $5.45 to $5.65.
After the earnings announcement, the company's shares rose as much as 4 percent in after-hours trading. (Click here to get the latest quotes.)
Herbalife said its adjusted earnings for the first quarter would come in between $1.25 and $1.29 per share, up from $1.24 and $1.28 per share. Analysts predicted earnings of $1.35 a share for the fiscal first quarter.