As strength training gets more popular, Peloton and Planet Fitness shift focus
Peloton and Planet Fitness are expanding their investments in strength over cardio equipment as more women and young people opt for weights at the gym. Planet Fitness changed its gyms up to focus on strength workouts and noted that strength equipment tends to be less expensive.
Planet Fitness: Visible Catalysts, But I Am Still Waiting For Growth To Accelerate
PLNT showed improvement in revenue and earnings in Q2 2024, beating expectations. I believe the new CEO, Colleen Keating, is a good fit for the business. Potential for growth acceleration in FY25, but a cautious stance is maintained until concrete evidence of growth is seen.
Planet Fitness (PLNT) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Planet Fitness (PLNT) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Planet Fitness (PLNT) Q2 Earnings & Revenues Top Estimates
Planet Fitness' (PLNT) second-quarter 2024 results reflect increased contributions from the Franchise and Corporate-owned Stores segments, indicating increased system-wide same-store sales.
Planet Fitness, Inc. (PLNT) Q2 2024 Earnings Call Transcript
Planet Fitness, Inc. (NYSE:PLNT ) Q2 2024 Earnings Conference Call August 6, 2024 8:00 AM ET Company Participants Stacey Caravella - Vice President of Investor Relations Colleen Keating - Chief Executive Officer Thomas Fitzgerald - Chief Financial Officer Conference Call Participants Randy Konik - Jefferies Simeon Siegel - BMO Capital Markets Sharon Zackfia - William Blair Jonathan Komp - Baird Joseph Altobello - Raymond James Christopher O'Cull - Stifel Financial Group Rahul Krotthapalli - JPMorgan Maksim Rakhlenko - TD Cowen Operator Hello and thank you for standing by. This time I would like to welcome you to the Planet Fitness Q2 Earnings Call.
Planet Fitness pops on Q2 earnings beat
Planet Fitness (NYSE:PLNT) shares surged almost 10% as the gym franchise's second quarter earnings topped estimates. Revenue grew 5.1% year-over-year to $300.9 million, ahead of estimates of $292.4 million.
Planet Fitness (PLNT) Q2 Earnings and Revenues Top Estimates
Planet Fitness (PLNT) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.65 per share a year ago.
Planet Fitness stock climbs on stronger-than-expected profit
Planet Fitness Inc.'s stock PLNT, -0.54% rose in premarket trading Tuesday after the fitness chain topped analyst estimates for adjusted profit and revenue, as its profit climbed 18%. Planet Fitness said its second-quarter net income rose to $48.64 million, or 56 cents a share, from $41.14 million, or 48 cents a share, in the year-ago quarter.
Ahead of Planet Fitness (PLNT) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Planet Fitness (PLNT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
Planet Fitness: Extensive Runway To Deploy Funds, But At Sub-Par Rates Of Return
Planet Fitness is a differentiated offering in the large-scale gym and leisure space. PLNT boasts a broad network of stores and a significant member base, with ongoing global expansion plans. Despite the fact management has an extensive runway to deploy capital on, the headwind is at what rates it will earn on these investments against opportunities of equal risk.
Planet Fitness (PLNT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Planet Fitness (PLNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Why Planet Fitness (PLNT) is a Top Momentum Stock for the Long-Term
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