Weight Watchers International, Inc. (NYSE:WTW) is projected to declare fiscal fourth quarter financial results right before the stock market’s official open on February 28, 2017. The stock added about 22.8 percent in price since last results when it was at $10 a share. Based on the most relevant past-periods data, there is an 64.29 percent probability for this firm’s share price to go down following next quarterly results. Earnings reaction history tells us that the equity price moved down 18 times out of last 28 reported quarters. It has beaten earnings-per-share estimates 58.% of the time in its last 12 earnings reports. It fell short of earnings estimates on 4 occasions, and it has met expectations 1 time.
Here’s how traders responded to WTW earnings announcements over the past few quarters.
Weight Watchers International, Inc. (WTW) Earnings Surprises & Reaction
Given its history, the average earnings announcement surprise was -58.2 percent over the past four quarters. Back on November 3, 2016, it posted earnings per-share earnings at $0.53 which beat the consensus $0.45 projection (positive surprise of17.78%. For the quarter, revenue came in at 280.8M versus consensus estimate of 290.25M. The stock gained 8.8 percent the session following the earnings reports were released, and on 7th day price change was 16.2 percent.
On August 4, 2016, it reported earnings at $0.46 a share compared with the consensus estimate of $0.49 per share (negative surprise of -6.12%). Revenue of 309.8M for that quarter was below the $318.3M analysts had expected. The stock retreated -5.27% the day following the earnings announcement, and on 7th day price change was 0.18%.
On May 4, 2016, it recorded $-0.17 a share in earnings which topped the consensus estimate of $-0.18 (positive surprise of 5.56%). Revenue for the quarter was $306.91M while analysts called for revenues to be $308.9M. The stock gained 2.88% the day following the earnings data was made public, and on 7th day price change was -0.88%.
On February 25, 2016, it announced earnings per share at $-0.03 versus the consensus estimate of $0.02 per share (negative surprise of -250%). That came on revenues of $259.2M for that period. Analysts had expected $257.67M in revenue.
Weight Watchers International, Inc. Earnings Estimates
As Q4 earnings announcement date approaches, Wall Street is expecting earnings per share of $-0.07. The analysts’ present consensus range is $-0.11-$-0.05 for EPS. The market consensus range for revenue is between $319.6M and $350M, with an average of $334.8M.
Weight Watchers International, Inc. (NYSE:WTW) last ended at $12.48, sending the company’s market cap near $797.17M. The consensus 12-month price target from analysts covering the stock is $22.67. The share price has declined -22.77% from its top level in 52 weeks and dropped 9% this year. It recently traded in a range of $12.41-$12.73 at a volume of 831540 shares. The recent trading ended with the price nearly -2.27 lower for the last 5 trading days, rebounding 33.19% from its 52-week low.