Planet Fitness Q2 EPS $0.65 Beats $0.54 Estimate, Sales $286.46M Beat $249.10M Estimate
Portfolio Pulse from Benzinga Newsdesk
Planet Fitness reported Q2 earnings of $0.65 per share, beating the analyst consensus estimate of $0.54 by 20.37%. This is a 71.05% increase from the same period last year. The company also reported quarterly sales of $286.46 million, beating the analyst consensus estimate of $249.10 million by 15.00%. This is a 27.63% increase from the same period last year.
August 04, 2023 | 12:47 pm
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POSITIVE IMPACT
Planet Fitness reported strong Q2 earnings and sales, both beating analyst estimates. This indicates a positive financial performance and could potentially lead to a short-term increase in the stock price.
Planet Fitness reported a significant increase in both earnings and sales compared to the same period last year, and also beat analyst estimates. This strong financial performance indicates a healthy financial state for the company, which could make the stock more attractive to investors and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100