Nautilus Sees Q4, FY13 Results Above Consensus

(RTTNews) - Nautilus, Inc. (NLS) said Monday that it expects net sales of about $77.1 million and adjusted earnings per share from continuing operations of $0.29 to $0.31 for the fourth quarter of 2013.

Analysts polled by Thomson Reuters currently expect the company to earn $0.26 per share on revenue of $70.82 million for the fourth quarter.

For the full year 2013, Nautilus expects net sales of about $218.8 million and adjusted earnings per share from continuing operations of $0.46 to $0.48. Analysts polled by Thomson Reuters currently expect the company to earn $0.44 per share on revenue of $212.58 million for the full year 2013.

"We're pleased to report sales growth in all segments of our business for the fourth quarter of 2013," said Bruce Cazenave, CEO of Nautilus. "Continued margin improvement in both of our Direct and Retail businesses along with strategic investment in new product launches enabled us to deliver significant bottom line improvement versus the same period in the prior year."

Nautilus plans to release its full operating results for the fourth quarter and full year 2013 in late February.