Planet Fitness Inc expected to post earnings of 58 cents a share - Earnings Preview

Reuters
2024-11-06

* Planet Fitness Inc is expected to show a rise in quarterly revenue when it reports results on November 7 for the period ending September 30 2024

* The Hampton New Hampshire-based company is expected to report a 2.8% increase in revenue to $285.251 million from $277.55 million a year ago, according to the mean estimate from 16 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Planet Fitness Inc is for earnings of 58 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Planet Fitness Inc is $90.00​, above​ its last closing price of $79.77. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.66 0.66 0.71 Beat 7.9

Mar. 31 2024 0.50 0.50 0.53 Beat 5.3

Dec. 31 2023 0.59 0.58 0.60 Beat 3.4​

Sep. 30 2023 0.55 0.55 0.59 Beat 7.9

​​Jun. 0.54 0.54 0.65 Beat 19.3

30 2023

Mar. 31 2023 0.47 0.46 0.41 Missed -11.4​

Dec. 31 2022 0.47 0.47 0.53 Beat 11.6

Sep. 30 2022 0.38 0.38 0.42 Beat 11.4

This summary was machine generated November 6 at 14:09 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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