01.03.2022 23:02:39
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WW International, Inc. Announces Rise In Q4 Income, Beats estimates
(RTTNews) - WW International, Inc. (WW) reported a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $29.9 million, or $0.42 per share. This compares with $12.6 million, or $0.18 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn $0.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 14.7% to $275.8 million from $323.4 million last year.
WW International, Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $29.9 Mln. vs. $12.6 Mln. last year. -EPS (Q4): $0.42 vs. $0.18 last year. -Analyst Estimate: $0.36 -Revenue (Q4): $275.8 Mln vs. $323.4 Mln last year.
-Guidance: Next quarter EPS guidance: $0.26-$0.31 Next quarter revenue guidance: approx $300 mln
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