WW (WW) Q4 Earnings: What To Expect

Stock Story

Published Feb 27, 2024 02:01AM ET

Updated Feb 27, 2024 06:01AM ET

WW (WW) Q4 Earnings: What To Expect

Personal wellness company WW (NASDAQ:WW) will be reporting results tomorrow afternoon. Here's what to look for.

Last quarter WW reported revenues of $214.9 million, down 14% year on year, missing analyst expectations by 3%. It was a weak quarter for the company, with a miss of analysts' earnings and revenue estimates.

Is WW buy or sell heading into the earnings? Find out by reading the original article on StockStory.

This quarter analysts are expecting WW's revenue to decline 7.6% year on year to $206.9 million, improvement on the 18.8% year-over-year decrease in revenue the company had recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.09 per share.

Majority of analysts covering the company have reconfirmed their estimates over the last thirty days, suggesting they are expecting the business to stay the course heading into the earnings.

Looking at WW's peers in the specialized consumer services segment, some of them have already reported Q4 earnings results, giving us a hint what we can expect. Service International (NYSE:SCI) delivered top-line growth of 2.7% year on year, beating analyst estimates by 3.2% and Pool (NASDAQ:POOL) reported revenue decline of 8.5% year on year, missing analyst estimates by 1.6%. Service International traded flat on the results, Pool was down 5%.

Read the full analysis of Service International's and Pool's results on StockStory.

There has been a stampede out of high valuation technology stocks and while some of the specialized consumer services stocks have fared somewhat better, they have not been spared, with share price declining 4.7% over the last month. WW is down 21.6% during the same time, and is heading into the earnings with analyst price target of $10.4, compared to share price of $3.3.