Nutrisystem Loss Widens; Details Q1, FY13 Guidance

(RTTNews.com) - Nutrisystem Inc. ( NTRI ), a provider of weight management products, Tuesday reported fourth-quarter net loss of $5 million or $0.18 per share, compared with net loss of $1.2 million or $0.04 per share last year.

Excluding items, adjusted loss for the quarter totaled $1.6 million or $0.06 per share.

On average, four analysts polled by Thomson Reuters estimated a loss of $0.14 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter slid to $62.5 million from $66.9 million a year ago. Analysts on consensus estimated revenues of $63.85 million.

Looking ahead, the company expects adjusted loss of $0.08 to $.03 per share for the first quarter, and adjusted earnings of $0.23 to $0.33 per share for the full year 2013.

Analysts currently expect loss of $0.06 per share for the first quarter, and earnings of $0.37 per share for the full year.

The company has declared a quarterly dividend of $0.175 per share, payable March 25 to stockholders as of March 15.

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