Planet Fitness Inc. (PLNT)
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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Here's Why Planet Fitness (PLNT) is a Strong Growth Stock
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Will Planet Fitness (PLNT) Beat Estimates Again in Its Next Earnings Report?
Planet Fitness (PLNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Planet Fitness Stock Ready to Rise After Lofty Bull Note
The shares of Planet Fitness Inc (NYSE:PLNT) are up 3.1% before the bell, after TD Cowen upgraded the recreation stock to "buy" from "hold" and raised its price target to $92 from $66.
This Planet Fitness Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
Planet Fitness Rises as Jefferies Says 'Stars Have Aligned' for Stock
Planet Fitness (PLNT) shares rose in intraday trading Monday following an upgrade from Jefferies, which was optimistic about new leadership and the potential gain in the number of franchises for the gym operator.
