LIVE: Herbalife Earnings

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Herbalife

Business Insider source

Nutritional supplement-seller Herbalife is scheduled to report its second quarter earnings today after the closing bell.

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On average, analysts expect Herbalife to post adjusted-EPS of $1.18 on revenue of $1.162 billion, according to data compiled by Bloomberg.

Herbalife, a multi-level marketing company, has been the focal point of an epic clash of hedge fund titans.

Back in December, Bill Ackman, who runs $12 billion Pershing Square Capital Management, publicly revealed that he's shorting $1 billion worth of Herbalife stock because he believes the company is a "pyramid scheme."

Ackman's arch-nemesis billionaire investor Carl Icahn bought a massive stake in Herbalife. Icahn said he thinks Ackman will be the victim of the "mother of all short squeezes."

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