Zacks: Brokerages expect WW International, Inc. (NYSE: WW) to post quarterly sales of $284.05 million
Wall Street brokers expect WW International, Inc. (NYSE:WW – Get Rating) to post sales of $284.05 million for the current quarter, reports Zacks Investment Research. Three analysts have made estimates of WW International’s earnings, with the highest sales estimate of $287.20 million and the lowest estimate of $280.55 million. WW International recorded sales of $311.38 million in the same quarter last year, suggesting a negative year-over-year growth rate of 8.8%. The company is expected to release its next quarterly results on Monday, January 1.
On average, analysts expect WW International to report annual sales of $1.14 billion in the current fiscal year, with estimates ranging from $1.10 billion to $1.21 billion. For the next fiscal year, analysts expect the company to post sales of $1.11 billion, with estimates ranging from $1.02 billion to $1.19 billion. Zacks Investment Research sales calculations are an average average based on a survey of research analysts who cover WW International.
WW International (NYSE:WW – Get Rating) last released its quarterly earnings data on Thursday, May 5. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.28) by $0.16. The company posted revenue of $297.76 million for the quarter, compared to $300.80 million expected by analysts.
Separately, StockNews.com launched coverage on WW International stocks in a research note on Thursday, March 31. They set a “holding” rating for the company.
Shares of WW opened at $7.49 on Friday. The company’s 50-day moving average price is $9.23. WW International has a 1 year minimum of $6.01 and a 1 year maximum of $41.13.
About WW International (Get a rating)
WW International, Inc. provides weight management products and services worldwide. The Company operates in four segments: North America, Continental Europe, United Kingdom and Others. It offers a range of nutritional, activity, behavioral and lifestyle tools and approaches, products and services. The Company also provides various digital subscription products to wellness and weight management businesses, which provide interactive and personalized resources for users to follow its weight management program through its app and web-based products, including personal coaching and digital products; and allows members to inspire and support each other by sharing their experiences with others on weight management and wellness journeys.
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