Check out the companies making headlines after the bell: After being halted for volatility, Weight Watchers shares cratered as much as 28 percent after hours Tuesday after posting dismal fourth-quarter earnings and weak full-year guidance. Missing on the top and bottom lines, the weight-loss and wellness company earned $330 million in revenue, missing Refinitiv estimates of $347 million. Earnings per share were 46 cents cents, below the 60 cents forecast by analysts.
1 percent and down 7.3 percent for the full year. Papa John's estimates full-year North American same store sales will decrease between 1 and 5 percent. The company expected 2019 earnings per share between $1.00 and $1.20, vs. the forecast $1.20. Shares of Mylan dropped more than 9 percent in extended trading Tuesday following the release of the company's weak fourth-quarter earnings. The pharmaceutical company posted earnings per share of $1.30 on revenues of $3.08 billion.
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Weight Watchers' earnings fall far short, and stock plunges nearly 30%WW, the company that was known for years as Weight Watchers, is trying to 'course correct' after some business blunders left Wall Street severely disappointed. Because the big secret was finally revealed!!! Eat less/move more At least the stock lost some fat They’d better get Oprah out on the stump pronto!
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Weight Watchers stock plummets more than 30% after earnings show mixed results, weak guidance
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