Planet Fitness shares are trading higher after the company reported better-than-expected Q3 financial results and raised FY23 revenue growth guidance.
Portfolio Pulse from Benzinga Newsdesk
Planet Fitness reported better-than-expected Q3 financial results and raised its FY23 revenue growth guidance, leading to a rise in its share prices.
November 07, 2023 | 2:36 pm
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POSITIVE IMPACT
Planet Fitness' strong Q3 results and raised FY23 revenue guidance have positively impacted its stock price.
Planet Fitness' better-than-expected Q3 results and increased revenue guidance for FY23 indicate strong financial performance and future growth prospects, which are likely to attract investors and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100