Nutrisystem (NTRI) Tops Q3 EPS by 1c; Issues Solid Outlok

Nutrisystem (NASDAQ: NTRI) reported Q3 EPS of $0.17, $0.01 better than the analyst estimate of $0.16. Revenue for the quarter came in at $90.6 million versus the consensus estimate of $89.3 million.

Nutrisystem sees Q4 2014 EPS of $0.15-$0.20, versus the consensus of $0.15. Nutrisystem sees Q4 2014 revenue of $78.1-83.1 million, versus the consensus of $78.13 million.

Nutrisystem sees FY2014 EPS of $0.63-$0.68, versus the consensus of $0.62. Nutrisystem sees FY2014 revenue of $402-407 million, versus the consensus of $400.7 million.

Dawn Zier, President and Chief Executive Officer, said, "We are pleased with the progress we have made in delivering strong results for the first nine months of 2014. Our revenue growth in the third quarter represents the fifth consecutive quarter of year-over-year top-line growth. Additionally, we exceeded the top-end of our revenue and adjusted EBITDA guidance reflecting the continued demand for our products across all channels, the success of our marketing strategy, and the disciplined management of costs while maintaining a focus on the customer experience."

Ms. Zier added, "We are confident in our full year guidance. We believe the momentum of our 2014 successes that drove new customer growth at higher margins, coupled with our demonstrated ability to innovate on both the product and marketing fronts, has us well positioned for the 2015 diet season and continued revenue and EBITDA growth."

For earnings history and earnings-related data on Nutrisystem (NTRI) click here.

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