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Nutrisystem Inc. (NTRI) Soared To A New High After Q1 Earnings Beat Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Nutrisystem Inc. (NTRI) reported first quarter EPS of $0.10 after the bell Thursday, up from $0.01 in the prior year period. Analysts expected EPS of $0.05. The company expects to report second quarter EPS of $0.35 to $0.40 and between $0.81 and $0.91 for the full year. The consensus estimates are for EPS of $0.34 and $0.80.

Nutrisystem gapped open higher Friday and climbed for the majority of the afternoon. The stock closed up by 4.20 at $23.25 on strong volume. Nutrisystem soared past resistance and set a new high for the year.

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