By: Dividend Daily
February 15, 2012 at 08:31 AM EST
Weight Watchers Q4 Earnings Disappoint; Wide Forecast Could Miss (WTW)
Weight management specialist Weight Watchers International, Inc. (WTW) late Tuesday posted better-than-expected fourth quarter earnings but offered a somewhat tepid 2012 forecast.
The New York-based company reported fourth quarter net income of $63.7 million, or 86 cents per share, compared with $48.9 million, or 66 cents per share, in the year-ago period.
Revenue rose 12.5% from last year to $401.3 million.
On average, Wall Street analysts expected a slightly higher profit of 87 cents per share, on larger revenue of $412.1 million.
Looking ahead, the company forecast full-year 2012 earnings to range from $4.20 to $4.60 per share, while analysts are looking for $4.58 per share for the year.
Weight Watchers shares fell $1.84, or -2.3%, in premarket trading Wednesday.
The Bottom Line
Weight Watchers International, Inc. (WTW) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here