WTW Q3 Adj. EPS $2.24 vs $2.05 Est., Revenue $2.2B vs $2.088 Est.
Portfolio Pulse from Bill Haddad
Weight Watchers International, Inc. (WTW) reported Q3 adjusted EPS of $2.24, beating the estimated $2.05. The company also reported revenue of $2.2B, surpassing the estimated $2.088B.
October 26, 2023 | 10:02 am
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POSITIVE IMPACT
WTW reported better than expected Q3 earnings and revenue, which could positively impact the stock price in the short term.
WTW's Q3 earnings and revenue beat estimates, which is typically seen as a positive sign by investors and can lead to an increase in the stock price. The company's strong performance indicates that it is doing well financially, which could attract more investors and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100