WW International Inc expected to post a loss of 43 cents a share - Earnings Preview

WW International

01/05/2024 24:34

* WW International Inc  WW.OQ   WW.O  is expected to show a
fall
in quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The New York City-based  company is expected to report a
17.6% decrease in revenue to $199.388 million from $241.9
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on February
28 2024, for the period ended March 31, was for revenue of
$200.000 million.
    * ​LSEG's mean analyst estimate for WW International Inc is
for a
loss of 43 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for WW
International
Inc is $5.25​, above​ its last closing price of $1.81. ​​​

The company's guidance on February 28 2024 for the period ended
March 31 was for Earnings before Interest and Taxes of USD-15
million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.03       -0.06      -0.54     Missed  -852.9
 Sep. 30 2023  0.12        0.12       0.06      Missed  -51.6
 Jun. 30 2023  0.11        0.10       0.65      Beat    550​
 Mar. 31 2023  -0.51       -0.50      -1.68     Missed  -234.7
 ​​Dec.        -0.01       -0.02      -0.46     Missed  -2,775
 31 2022                                                
 Sep. 30 2022  0.36        0.36       -2.93     Missed  -906.4
                                                        ​
 Jan. 1 0001   0.35        0.35       -0.07     Missed  -120.1
 Jan. 1 0001   -0.29       -0.29      -0.02     Beat    93.1
 This summary was machine generated April 30 at 23:34 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)