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Weight Watchers International Inc Announces 59% Gain In Q3 Bottom Line

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

Weight Watchers International Inc (WTW) reported a profit for its third quarter that increased from last year.

The company said its bottom line climbed to $34.7 million, or $0.53 per share. This was higher than $21.8 million, or $0.38 per share, in last year's third quarter.

Analysts had expected the company to earn $0.45 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.7% to $280.8 million. This was up from $273.3 million last year.

Weight Watchers International Inc earnings at a glance:

-Earnings (Q3): $34.7 Mln. vs. $21.8 Mln. last year.
-Earnings Growth (Y-o-Y): 59.2%
-EPS (Q3): $0.53 vs. $0.38 last year.
-EPS Growth (Y-o-Y): 39.5%
-Analysts Estimate: $0.45
-Revenue (Q3): $280.8 Mln vs. $273.3 Mln last year.
-Revenue Change (Y-o-Y): 2.7%

-Guidance:
Full year EPS guidance: $0.95 - $1.05

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