×

Weight Watchers shares shed 15% on weak guidance

A Weight Watchers center in Culver City, Calif.
Jordan Strauss | WireImage | Getty Images
A Weight Watchers center in Culver City, Calif.

Weight Watchers' stock tumbled in after-hours trade Thursday after the company announced fourth-quarter earnings that missed expectations.

The company reported earnings per share of 7 cents adjusted on $328 million in revenue. EPS matched analyst predictions while revenue missed by $5 million.

The company's new 2015 earnings guidance of 40 cents to 70 cents was shockingly lower than the $1.43 estimate.

Weight Watchers' stock dropped as much as 15 percent as of this story.

This story is developing. Please check back for further updates.

Click here for the latest on the markets.