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

Planet Fitness

20/02/2024 16:47

* Planet Fitness Inc  PLNT.N   PLNT.K  is expected to show a
rise
in quarterly revenue when it reports  results on February 22 for
the period ending December 31 2023
    * The Hampton New Hampshire-based  company is expected to
report a
0.3% increase in revenue to $282.164 million from $281.27
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 13 "strong buy" or "buy," 5
"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 $81.00​, above​ its last closing price of $66.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.55        0.55       0.59      Beat    7.9
 Jun. 30 2023  0.54        0.54       0.65      Beat    19.3
 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.        0.38        0.38       0.42      Beat    11.4
 30 2022                                                
 Jun. 30 2022  0.39        0.38       0.38      Met     0.2​
 Mar. 31 2022  0.28        0.27       0.32      Beat    17.8
 Dec. 31 2021  0.27        0.26       0.26      Met     0.4
 This summary was machine generated February 20 at 16:46 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)