NutriSystem Inc (NTRI) stock prices updated...
 

NutriSystem Inc stock price

NutriSystem Inc latest news:


  • 10/25/2017 14:55:19

    Shares of Nutrisystem skid despite robust quarterly earnings, new buyback plan

    Nutrisystem Inc. skidded in Wednesday's extended session despite better-than-expected quarterly earnings and a new stock buyback plan. Nutrisystem reported its third-quarter earnings jumped to $15 million, or 49 cents a share, from $7.9 million, or 27 cents a share, a year earlier. Revenue rose 27% to $158.1 million. Analysts surveyed by FactSet had forecast earnings of 46 cents a share on revenue of $155 million. The company projected fourth-quarter revenue of $126 million to $131 million and earnings per share of 37 cents to 42 cents. Analysts are looking for revenue of $128 million and EPS of 39 cents in the current quarter. Nutrisystem also plans to buy back up to $50 million in shares once the existing program expires in November. Shares of the provider of weight management products tanked 12% after hours. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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