Planet Fitness Q4 Adj EPS $0.60 Beats $0.58 Estimate, Sales $285.09M Beat $282.16M Estimate
Portfolio Pulse from Benzinga Newsdesk
Planet Fitness (NYSE:PLNT) reported Q4 adjusted earnings of $0.60 per share, surpassing the consensus estimate of $0.58, marking a 13.21% year-over-year increase. Quarterly sales reached $285.09M, exceeding estimates by 1.04% and showing a 1.36% increase from the previous year.
February 22, 2024 | 11:31 am
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POSITIVE IMPACT
Planet Fitness reported a strong Q4 with earnings and sales surpassing estimates, indicating robust financial health and growth.
The positive earnings and sales beat indicate strong operational performance and could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100