Weight Watchers (NYSE:WTW) jumps 19.5% after posting robust Q3 numbers.
The firm reported a 20% enhance in whole paid weeks throughout the quarter and ended the interval with an 18% Y/Y enhance in subscribers to three.04M.
Online subscribers had been up 24.four% to 2.0M.
The firm boosted its full yr EPS steering to a variety of $1.77 to $1.83 vs. $1.57 to $1.67 prior and $1.54 consensus.
Following the robust earnings print, Craig-Hallum hiked its worth goal on Weight Watchers to a Street-high $70.
Previously: Weight Watchers beats by $zero.11, beats on income (Nov. 6)