Planet Fitness Inc expected to post earnings of 66 cents a share - Earnings Preview

Planet Fitness

02/08/2024 17:49

* Planet Fitness Inc  PLNT.N   PLNT.K  is expected to show a
rise
in quarterly revenue when it reports  results on August 6 for
the period ending June 30 2024
    * The Hampton New Hampshire-based  company is expected to
report a
0.6% increase in revenue to $288.225 million from $286.46
million a year ago, according to the mean estimate from 15
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Planet Fitness Inc is
for
earnings of 66 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 $80.00​, above​ its last closing price of $72.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.50        0.50       0.53      Beat    5.3
 Dec. 31 2024  0.59        0.58       0.60      Beat    3.4
 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.        0.47        0.46       0.41      Missed  -11.4
 31 2023                                                
 Dec. 31 2022  0.47        0.47       0.53      Beat    11.6​
 Sep. 30 2022  0.38        0.38       0.42      Beat    11.4
 Jun. 30 2022  0.39        0.38       0.38      Met     0.2
 This summary was machine generated August 2 at 16:48 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)