WW International (NASDAQ:WW) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
WW International beat estimated earnings by 79.31%, reporting an EPS of $-0.06 versus an estimate of $-0.29.
Revenue was down $34.03 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 7.39% increase in the share price the next day.
Here's a look at WW International's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.36 | 0.73 | 0.65 | -0.24 |
| EPS Actual | 0.35 | 0.72 | 0.48 | -0.20 |
| Revenue Estimate | 279.29M | 314.12M | 337.10M | 332.65M |
| Revenue Actual | 275.79M | 293.50M | 311.38M | 331.80M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
WW International management provided guidance for FY 2022, expecting earnings between $0.92 and $1.02 per share.
To track all earnings releases for WW International visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
