Herbalife shares jump after company raises adjusted profit forecast

 Shares of Herbalife (HLF) jumped after hours on Wednesday after the company raised its full-year adjusted profit forecast. The wellness marketing platform raised its full year forecast for adjusted Ebitda - or earnings before interest, taxes, depreciation and amortization - to $550 million to $590 million, from a prior outlook for $540 million to $580 million. The company stuck with its full-year sales forecast for flat to 5% growth. 

https://www.morningstar.com/news/marketwatch/20240501686/herbalife-shares-jump-after-company-raises-adjusted-profit-forecast