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 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.
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) 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' stock falls as the full-year earnings growth outlook disappoints.
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 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.
Get a deeper insight into the potential performance of Planet Fitness (PLNT) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
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, Inc. PLNT, a leading franchisor and operator of fitness centers in the United States, has been making notable strides in the market. After trading around $102 per share for the past four sessions, the stock reached a new 52-week high of $105.77 on Tuesday.
Planet Fitness highlights key 2024 achievements and shares plans for growth and leadership in 2025.
The gym chain's revamp has taken hold after a franchisee revolt.