Weight Watchers Q3 Profit Decreases - Quick Facts

(RTTNews) - Weight Watchers International, Inc. (WTW) reported third-quarter net income attributable to company of $37.9 million or $0.67 per share, compared to $60.3 million or $1.07 per share, last year. Adjusted net income was $38.3 million or $0.68 per share, for the quarter.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.48 for the quarter. Analysts' estimates typically exclude special items.

Revenues, net, were $345.2 million, compared to $396.3 million, a year ago. Analysts expected revenue of $337.52 million for the quarter.

The company raised its full year fiscal 2014 adjusted earnings guidance to between $1.95 and $2.05 per share compared to its previously provided adjusted earnings guidance of between $1.65 and $1.85 per share. Analysts expect the company to report 2014 earnings per share of $1.82.