Herbalife just reported earnings that crushed expectations and the stock is ripping higher

Herbalife just reported first quarter earnings that topped expectations and the company also raised its outlook for the full year, sending shares soaring.

In after hours trade on Tuesday, shares of the company were up as much as 13%.

Herbalife reported that in the first quarter, adjusted earnings came in at $1.29 per share, beating expectations for earnings of $1.01, according to estimates from Bloomberg.

Revenue in the quarter totaled $1.11 billion, topping expectations for $1.08 billion.

The company also raised its full-year outlook, saying it sees earnings per share in 2015 coming in at $4.30-$4.60, better than the $4.24 that was expected. Herbalife previously forecast full-year earnings per share of $4.10-$4.50.

More to come ...