Planet Fitness Inc reports results for the quarter ended in September - Earnings Summary

Published on November 08, 2022 06:33 AM PST

Planet Fitness Inc reports results for the quarter ended in September - Earnings Summary — Image source: ©2022 Kalkine Media®

* Planet Fitness Inc reported quarterly adjusted earnings of 42 cents per share for the quarter ended in September. The mean expectation of sixteen analysts for the quarter was for earnings of 38 cents per share. * Revenue rose 58.4% to $244.39 million from a year ago; analysts expected $234.59 million. * Planet Fitness Inc's reported EPS for the quarter was 32 cents. * The mean earnings estimate of analysts had fallen by about 2.6% in the last three months. * In the last 30 days four analysts negatively revised earnings estimates * Planet Fitness Inc shares had risen by 6.9% this quarter and lost 32.0% so far this year. * The company reported quarterly net income of $26.91 million. * Wall Street's median 12-month price target for Planet Fitness Inc is $87.50 * The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." This summary was machine generated from Refinitiv data November 8 at 02:33 p.m. All figures in US dollars unless otherwise stated. QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Sep. 30 2022 0.38 0.42 Beat Jun. 30 2022 0.38 0.38 Met Mar. 31 2022 0.27 0.32 Beat Dec. 31 2021 0.26 0.26 Met

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