Weight Watchers International (WTW) reported quarterly earnings results on Thursday, Aug-4-2016. The company reported $0.46 EPS for the quarter. Analysts had a consensus estimate of $0.46. The company posted revenue of $309.80 million in the period, compared to analysts expectations of $318.30 million. During the same quarter in the previous year, the company posted $0.49 EPS.
Many Wall Street Analysts have commented on Weight Watchers International. Sidoti Initiated Weight Watchers International on May 24, 2016 to “Buy”, Price Target of the shares are set at $25.
Weight Watchers International closed down -0.46 points or -4.13% at $10.69 with 19,57,134 shares getting traded on Tusday. Post opening the session at $11.22, the shares hit an intraday low of $10.56 and an intraday high of $11.2486 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.
In a different news, on May 11, 2016, Denis F Kelly (director) purchased 10,000 shares at $12.21 per share price. According to the SEC, on Mar 3, 2016, Sacha Lainovic (director) purchased 83,125 shares at $12.03 per share price. On Mar 3, 2016, Philippe Amouyal (director) purchased 30,000 shares at $11.86 per share price, according to the Form-4 filing with the securities and exchange commission.
Weight Watchers International Inc. is a provider of weight management services. The company operates globally through a network of Company-owned and franchise operations. The Company provides Services and Products including: Weight Management Plans Clinical Efficacy and Meetings. Weight Management Plans provides weight management program comprised of nutritional exercise and behavioral tools and approaches. Clinical Efficacy offers clinically-studied commercial weight management programs. Meetings present the Company’s program food plans exercise behavior modification and group support. The company operates through North America United Kingdom Continental Europe and Other segments.