Planet Fitness: Rating Upgrade On Clear Long-Term Earnings Growth Outlook
I upgrade my rating for Planet Fitness to a strong buy due to a brighter earnings growth outlook and solid demand fundamentals. Key drivers include increased membership, pricing power, improved franchisee returns, and international expansion, particularly in Europe. Despite potential near-term volatility, I believe PLNT's long-term growth prospects and earnings outlook are significantly stronger.
Why Is Planet Fitness (PLNT) Up 11% Since Last Earnings Report?
Planet Fitness (PLNT) reported earnings 30 days ago. What's next for the stock?
This Growth Stock Is Up 42% in the Past Year. Should You Buy It With $1,000 Right Now?
In the last year, the S&P 500 has climbed 17%. That's a better-than-average gain, historically.
Planet Fitness Q4 Earnings & Revenues Beat Estimates, Stock Down
PLNT's fourth-quarter top line reflects benefits from new club openings and higher royalty revenues.
Planet Fitness: Well-Run, But A Slow Year Ahead
Planet Fitness Q4 revenues rose 19.4% to $340.5 million, driven by higher membership fees, new equipment sales, and franchise fees. Adjusted EBITDA increased to $130.8 million, with net income up to $47.6 million, beating earnings estimates by $0.08 per share. Despite strong performance, guidance for 2025 was light, with 160-170 new clubs and 5-6% same-store sales growth, lower than historical rates.
Planet Fitness Stock Tumbles on Slower Earnings Growth Projections
Shares of Planet Fitness (PLNT) sank on Tuesday as some of the gym chain's projections for 2025 outweighed an estimate-topping fourth quarter.
Planet Fitness (PLNT) Q4 2024 Earnings Call Transcript
Planet Fitness Inc. (NYSE:PLNT ) Q4 2024 Earnings Conference Call February 25, 2025 8:00 AM ET Company Participants Colleen Keating - Chief Executive Officer Jay Stasz - Chief Financial Officer Stacey Caravella - Vice President, Investor Relations Conference Call Participants Simeon Siegel - BMO Capital Markets Randal Konik - Jefferies Sharon Zackfia - William Blair Joe Altobello - Raymond James Rahul Krotthapalli - JP Morgan John Heinbockel - Guggenheim Partners Max Rakhlenko - TD Cowen Jonathan Komp - Baird Megan Clapp - Morgan Stanley Korinne Wolfmeyer - Piper Sandler Alex Perry - Bank of America Unknown Analyst - BNP Paribas Operator Thank you for standing by. My name is Karen and I will be your conference Operator today.
Planet Fitness (PLNT) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Planet Fitness (PLNT) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Planet Fitness (PLNT) Tops Q4 Earnings and Revenue Estimates
Planet Fitness (PLNT) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.60 per share a year ago.
Planet Fitness shares stumble as outlook points to slower earnings growth
Planet Fitness' stock falls as the full-year earnings growth outlook disappoints.
Planet Fitness 4Q Preview: Price Hikes Could Be Accretive, Says Bullish Analyst
Shares of Planet Fitness Inc PLNT were rising in early trading on Monday, a day ahead of the company reporting its fourth-quarter results.
Planet Fitness stock forecast: is PLNT a buy ahead of earnings?
Planet Fitness stock price has bounced back after bottoming at $23.76 in 2020 to a high of $109.75 earlier this year. It has risen by over 305% from its lowest point in 2020, giving it a market cap of over $8.4 billion.
