Weight Watchers profit forecast misses estimates, shares plunge

Thu Feb 13, 2014 4:19pm EST

Feb 13 (Reuters) - Weight Watchers International Inc forecast a full-year profit far below estimates, sending the company's shares down 17 percent in extended trading.

Weight Watchers said it expects to earn $1.30 to $1.60 per share in 2014, missing analysts' average estimate of $2.78, according to Thomson Reuters I/B/E/S.