Herbalife jumps as first-quarter results beat Wall Street’s expectations

May 5, 2016 8:29 PM

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Shares of Herbalife Ltd. surged in Thursday’s extended session after the nutritional-products company turned quarterly results that beat analysts’ expectations.

Herbalife reported its first-quarter earnings rose to $95.8 million, or $1.12 a share, from $78.2 million, or 92 cents a share, a year earlier. On an adjusted basis, the company would have earned $1.36 a share. Revenue grew 1% to $1.1 billion. Analysts surveyed by FactSet had projected earnings of $...

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