Stock Story -
Personal wellness company WW (NASDAQ:WW) will be reporting earnings tomorrow morning. Here's what you need to know.
WW beat analysts' revenue expectations by 3.6% last quarter, reporting revenues of $206.5 million, down 14.6% year on year. It was a strong quarter for the company, with an impressive beat of analysts' earnings estimates.
Is WW a buy or sell going into earnings? Find out by reading the original article on StockStory, it's free.
This quarter, analysts are expecting WW's revenue to decline 7.9% year on year to $208.9 million, improving from the 15.8% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.02 per share.
The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. WW has missed Wall Street's revenue estimates six times over the last two years.
Looking at WW's peers in the consumer discretionary segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Pool's revenues decreased 4.7% year on year, beating analysts' expectations by 1.5%, and LKQ reported revenues up 7.6%, falling short of estimates by 4%. Pool traded up 14% following the results while LKQ was down 9.6%.
Read the full analysis of Pool's and LKQ's results on StockStory.
There has been positive sentiment among investors in the consumer discretionary segment, with share prices up 11.8% on average over the last month. WW is up 2.2% during the same time and is heading into earnings with an average analyst price target of $4.1 (compared to the current share price of $1.15).
![WW (WW) Reports Earnings Tomorrow: What To Expect](https://d68-invdn-com.investing.com/content/picbef893eb06ab72d1c66e3364a3c8c548.jpeg)