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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? Read our full analysis here, it's free.
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 delivered top-line growth of 2.7% year on year, beating analyst estimates by 3.2% and 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 our full analysis of Service International's results here and Pool's results here.
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.
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