Weight Watchers shares surged by as much as 15% in after-hours trading on Tuesday after the company beat on earnings and its outlook for the year.
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Weight Watchers explodes after earnings top forecasts and subscribers grow (WTW)
Weight Watchers shares surged by as much as 21% in after-hours trading.
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Fourth-quarter adjusted earnings per share was $0.20, swinging from a loss in the same period a year ago and beating analysts' forecast by one cent according to Bloomberg.
Weight Watchers saw full-year EPS in a range of $1.30 to $1.40, more than the forecast for $1.17.
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