WW International Q2 2024 Adj. EPS $(0.13) Misses $0.01 Estimate
Portfolio Pulse from Benzinga Newsdesk
WW International (NASDAQ:WW) reported a Q2 2024 adjusted EPS of $(0.13), significantly missing the analyst consensus estimate of $0.01 by 1400%.
August 01, 2024 | 11:42 am
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NEGATIVE IMPACT
WW International reported a Q2 2024 adjusted EPS of $(0.13), missing the analyst consensus estimate of $0.01 by 1400%. This significant miss is likely to negatively impact the stock price in the short term.
The substantial miss on earnings per share (EPS) compared to the analyst estimate is a strong negative signal for investors. Such a large deviation from expectations typically results in a decline in stock price as it indicates potential underlying issues in the company's performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100