NutriSystem (NTRI) Sinks On Horrible Guidance
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Price: $42.89 --0%
Financial Fact:
INTEREST (EXPENSE) INCOME, net: -11K
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
INTEREST (EXPENSE) INCOME, net: -11K
Today's EPS Names:
BTTX, VAXX, ELYS, More
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NutriSystem (Nasdaq: NTRI) is under heavy pressure after-hours (-25%), following solid Q4 results but horrible guidance.
NutriSystem reported Q4 EPS of $0.33, 4 cents better than the analyst estimate of $0.29. Revenues for the quarter were $137.2 million, versus the consensus of $130.53 million.
NutriSystem sees Q1 revenues of $200-$210 million, versus the consensus of $250.6 million.
NutriSystem FY08 revenues are expected to be $690-$710 million, versus the consensus of $825 million.
Commenting on the guidance, CEO Michael J. Hagan said, "The environment grew more challenging in January 2008 and we believe the economy is playing a role in consumer discretionary items such as weight loss programs. Given that uncertainty, we believe it's prudent to be cautious with our outlook at this time."
NutriSystem reported Q4 EPS of $0.33, 4 cents better than the analyst estimate of $0.29. Revenues for the quarter were $137.2 million, versus the consensus of $130.53 million.
NutriSystem sees Q1 revenues of $200-$210 million, versus the consensus of $250.6 million.
NutriSystem FY08 revenues are expected to be $690-$710 million, versus the consensus of $825 million.
Commenting on the guidance, CEO Michael J. Hagan said, "The environment grew more challenging in January 2008 and we believe the economy is playing a role in consumer discretionary items such as weight loss programs. Given that uncertainty, we believe it's prudent to be cautious with our outlook at this time."
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