Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter @TomiKilgore.
Planet Fitness Inc.
reported Tuesday third-quarter profit and revenue that rose above expectations, while same-store sales matched expectations, and the fitness center operator’s stock was indicated down more than 2% in premarket trading. Net income rose to $39.1 million, or 46 cents a share, from $26.9 million, or 32 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of 59 cents beat the FactSet consensus of 55 cents. Total revenue grew 13.6% to $277.
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