Planet Fitness Stock News

Revenue of $183.6 million was above the $178 million that analysts predicted.

Planet Fitness, Inc. (PLNT) CEO Chris Rondeau on Q4 2021 Results - Earnings Call Transcript

Planet Fitness saw a membership boom at its fitness centers during the pandemic, helped along by teens and pre-teens signing up for their first gym memberships. As CNBC reported Thursday (Feb. 24), th

Planet Fitness (PLNT) delivered earnings and revenue surprises of 0% and 1.99%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Planet Fitness Inc. said Thursday it had net income of $5.7 million, or 7 cents a share, for the fourth quarter, down from $8.7 million, or 11 cents a share, in the year-earlier period. Adjusted per-share earnings came to 26 cents, matching the FactSet consensus. Revenue rose 37.3% to $183.6 million, ahead of the $178.0 million FactSet consensus. "To date in the first quarter of 2022, we ended January with 15.6 million members surpassing our pre-pandemic first quarter 2020 membership peak," Chief Executive Chris Rondeau said in a statement. The company recently acquired Sunshine Fitness, an operator of more than 100 Planet Fitness locations, he said, and raised money in a debt financing. " We believe there is long-term untapped opportunity for growth as the pandemic underscored the importance of overall fitness, and we offer a welcoming and safe environment for people looking to get off the couch to begin their fitness journey," he said. The company opened 62 new stores in the fourth quarter, boosting the total of 2,254 as of Dec. 31.

Planet Fitness press release (PLNT): Q4 Non-GAAP EPS of $0.26 in-line.Revenue of $183.6M (+37.2% Y/Y) beats by $4.57M.Outlook 2022: Revenue to increase in the mid-50% range; adj

Revenue of $183.6 million was above the $178 million that analysts predicted.

Planet Fitness (PLNT) delivered earnings and revenue surprises of 0% and 1.99%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Planet Fitness is seeing more pre-teens and teens sign up for their first gym memberships during the coronavirus pandemic.

Planet Fitness (NYSE:PLNT) is scheduled to announce Q4 earnings results on Thursday, February 24th, before market open.The consensus EPS Estimate is $0.26 (+52.9% Y/Y) and the…

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