LifeVantage (NASDAQ:LFVN) Updates FY 2020 Earnings Guidance

LifeVantage (NASDAQ:LFVN) updated its FY 2020 earnings guidance on Wednesday. The company provided earnings per share guidance of $0.62-0.71 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.50. The company issued revenue guidance of $235-245 million, compared to the consensus revenue estimate of $226.94 million.

Separately, ValuEngine cut shares of LifeVantage from a buy rating to a hold rating in a report on Thursday, August 1st.

LFVN traded up $0.15 during midday trading on Wednesday, reaching $11.12. The company’s stock had a trading volume of 60,734 shares, compared to its average volume of 125,180. The company has a market capitalization of $154.30 million, a price-to-earnings ratio of 21.80 and a beta of 0.66. LifeVantage has a 1 year low of $9.30 and a 1 year high of $17.08. The company’s 50-day simple moving average is $11.67.

LifeVantage Company Profile

LifeVantage Corporation engages in the identification, research, development, and distribution of nutraceutical dietary supplements and skin care products. The company offers Protandim, a scientifically-validated dietary supplement; LifeVantage TrueScience, an anti-aging skin care product; Axio, a line of energy drink mixes; Omega+, a fish oil dietary supplement that combines DHA and EPA Omega-3 fatty acids, Omega-7 fatty acids, and Vitamin D3; and PhysIQ, a weight management system, as well as Petandim for Dogs, a companion pet supplement formulated to treat oxidative stress in dogs.

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