WW International Inc reports results for the quarter ended in March - Earnings Summary

WW International

02/05/2024 22:53

* WW International Inc  WW.OQ  reported a quarterly adjusted
loss
of $1.06​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of
$-1.68.  The mean expectation of six analysts for the quarter
was for a loss of 43 cents per share. Wall Street expected
results to range from -53 cents to -36 cents per share.
    * Revenue fell 14.6% to $206.50 million from a year ago;
analysts
expected $199.39 million. 
    * WW International Inc's reported EPS for the quarter was a
loss
of $4.39​.
    * The company reported a quarterly loss of $347.9 million.
    * WW International Inc shares had fallen by 1.1% this
quarter and
lost 79.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 117.3% in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the personal
services
peer group is also "hold"

Wall Street's median 12-month price target for WW International
Inc is $5.25 
This summary was machine generated from LSEG data May 2 at 09:52
p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      -0.43          -1.06          Missed
 Dec. 31 2023      -0.06          -0.54          Missed
 Sep. 30 2023      0.12           0.06           Missed
 Jun. 30 2023      0.10           0.65           Beat