Planet Fitness beats profit and revenue expectations and matches on same-store sales, and stock set to fall

Australia News News

Planet Fitness beats profit and revenue expectations and matches on same-store sales, and stock set to fall
Australia Latest News,Australia Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Person found dead inside vehicle in Joliet Planet Fitness parking lotPerson found dead inside vehicle in Joliet Planet Fitness parking lotA person was found dead inside a vehicle in a Joliet parking lot this weekend.
Read more »

Vigil held for Valparaiso University grad student stabbed at Planet Fitness: 'He has many dreams'Vigil held for Valparaiso University grad student stabbed at Planet Fitness: 'He has many dreams'A vigil was held for Valparaiso University student Varun Raj Pucha, who was stabbed in his head while working out a Planet Fitness near campus.
Read more »

Dish Network’s stock drops after a surprise loss and revenue miss, as subscribers fellDish Network’s stock drops after a surprise loss and revenue miss, as subscribers fellTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
Read more »

Hilton Grand Vacations to buy Bluegreen Vacations for a more-than 100% premiumHilton Grand Vacations to buy Bluegreen Vacations for a more-than 100% premiumTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
Read more »

PepsiCo CFO leaves after 13 years, to become Disney’s CFOPepsiCo CFO leaves after 13 years, to become Disney’s CFOTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
Read more »

NRG Energy’s stock surges toward a 17-month high after $950 million ASR announcedNRG Energy’s stock surges toward a 17-month high after $950 million ASR announcedTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
Read more »



Render Time: 2025-02-26 22:18:05