Xponential Fitness Inc reports results for the quarter ended in June - Earnings Summary

Xponential Fitness

02/08/2024 07:32

* Xponential Fitness Inc  XPOF.N  reported a quarterly
adjusted
loss of 3 cents​​ per share for the quarter ended in June, lower
than the same quarter last year, when the company reported EPS
of 7 cents.  The mean expectation of eleven analysts for the
quarter was for earnings of 23 cents per share. Wall Street
expected results to range from 11 cents to 31 cents per share.
    * Revenue fell 1.1% to $76.52 million from a year ago;
analysts
expected $83.63 million. 
    * Xponential Fitness Inc's reported EPS for the quarter was
a loss
of 29 cents​.
    * The company reported a quarterly loss of $9.1 million.
    * Xponential Fitness Inc shares had risen by 9.2% this
quarter and
gained 32.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the leisure &
recreation peer group is also "buy"

Wall Street's median 12-month price target for Xponential
Fitness Inc is $20.00 
This summary was machine generated from LSEG data August 2 at
06:31 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.23           -0.03          Missed
 Mar. 31 2024      0.22           0.16           Missed
 Dec. 31 2023      0.15           0.08           Missed
 Sep. 30 2023      0.15           0.11           Missed