Weight Watchers misses fourth-quarter profit, beats revenue, shares fall

Weight Watchers International Inc. WTW just released its fourth-quarter fiscal 2015 results, reporting earnings per share of -$0.03 and revenue of $259.2 million.

WTW currently has a Zacks Rank #3 (Hold), but that could change following the company’s latest earnings report. Here are 5 key stats from the just-released report below.

Weight Watchers:

1. Earnings estimates missed. The company released -0.03 USD per sharewhich falls short of our Zacks Consensus Estimate of $0.02. This figure excludes $0.15 from one-time items.

2. Beats revenue estimates. The company reported revenue of $259.2 millionwhich exceeds our forecast of $257 million.

3. Active subscribers were reported to be down 4.8% year over year in Q4, down from a 12.7% decline in Q3. This reflects strong recruitment growth related to Weight Watcher’s new “Beyond the Scale” program.

4. 2016 earnings are projected to be between 70 cents and $1 per share, in line with analysts’ forecasts for full-year earnings of 81 cents per share.

5. WTW shares fell $2.94, or 18.91%, to $12.61 as of 5:06 p.m. ET in after-hours trading, shortly after its earnings report.

Here’s a chart showing Weight Watchers’ quarterly earnings per share:

Weight Watchers International, Inc. is the largest provider of weight management programs in the world. Their core business is a weekly meeting where they present their scientifically developed program, which includes group support and education on healthy eating patterns, behavior modification, and physical activity.

Check back later for our full analysis of Weight Watchers’ fourth-quarter earnings report!

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