$0.75 per share third quarter GNC Holdings Inc (NYSE:GNC) profits announced

Reported net income for GNC Holdings Inc (NYSE:GNC)'s September third quarter was within the range expected by Wall Street and was higher than the Thomson Reuters I/B/E/S mean estimate. The net income announced by the company of $0.75 per share represents a decline from the same quarter last year when the company earned $0.76. Analysts had expected net income to range from $0.66 to $0.77 per share, with a forecasted mean of $0.74 per share. The company matched the Thomson Reuters I/B/E/S predicted mean estimate once in the most recent four quarters, while falling short in three.RECOMMENDATIONS

• The consensus recommendation for the company is Hold.
• The recommendations made by sixteen analysts evaluating the company include three Strong Buy, three Buy, nine Hold and one Sell.
• The average consensus recommendation for the Specialty Retailers peer group is a Buy.

FORECAST CHANGES

• The most recent mean estimate, before the earnings announcement, was a profit of $0.74 per share
• Fifteen analysts currently provide Thomson Reuters I/B/E/S with earnings estimates.
• The mean EPS estimate has not changed from $0.74 per share in the last four weeks.
• High estimate four weeks ago was $0.77 and the low estimate was $0.66.

YEAR OVER YEAR

• Earnings for the peer group are expected to fall over the same quarter last year and have been revised downward over the last four weeks.

GNC Holdings Inc (NYSE:GNC) is trending upward today nearly 10% after the strong earnings report.