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Shares of Nu Skin freshen up after earnings beat and raised guidance

Woman washing face
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Shares of Nu Skin spiked 11 percent following the company's second-quarter results, as the company met earnings estimates and beat revenue expectations.

Nu Skin reported diluted earnings of 79 cents per share on revenue of $600.5 million, compared to analysts' expectations of 79 cents per share on revenue of $581.6 million.

The personal care and nutritional products distributor improved quarterly revenue by 7 percent, driven by revenue growth of 36 percent and 18 percent in its South Asia/Pacific and Greater China business regions, respectively.

Nu Skin raised its sales guidance for the year to $2.20 billion to $2.24 billion, consistent with analysts' projections of $2.23 billion, according to a Thomson Reuters consensus estimate.

Shares of Nu Skin are up 57 percent this year.

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