
Planet Fitness (NYSE: PLNT) reported its fourth-quarter earnings, revealing an adjusted earnings per share (EPS) of $0.70, surpassing analyst expectations of $0.62 and showing a year-over-year increase of 16.7%. The company's total revenue for the quarter reached $340.5 million, a 19.4% rise from the previous year and exceeding the estimated $324.3 million. Franchise revenue also increased by 11% year-over-year to $109 million, while corporate store revenue rose by 8.5% to $126.3 million. Equipment sales saw a notable increase of 49%, totaling $105.1 million. The company also reported a net income of $47.1 million, or $0.56 per diluted share, compared to $35.3 million, or $0.41 per diluted share, in the same quarter last year. Looking ahead, Planet Fitness provided guidance for fiscal year 2025, expecting revenue growth of approximately 10% over 2024.
$PLNT Planet Fitness Q4 Adj $0.70 Beats $0.62 Estimate Sales $340.45M Beat $324.57M Estimate
$PLNT Earnings: - Total revenue increased from the prior year period by 19.4% to $340.5 million. - Net income attributable to Planet Fitness, Inc. was $47.1 million, or $0.56 per diluted share, compared to $35.3 million, or $0.41 per diluted share, in the prior year period. -… https://t.co/zeCzt5DeTo
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