Xponential Fitness Q1 2024 Adj EPS $0.16 Misses $0.21 Estimate, Sales $79.521M Beat $78.778M Estimate
Portfolio Pulse from Benzinga Newsdesk
Xponential Fitness (NYSE:XPOF) reported Q1 2024 earnings of $0.16 per share, missing the $0.21 estimate, but sales of $79.521M exceeded the $78.778M forecast. This represents a 900% increase in EPS from last year and a 12.49% increase in sales.
May 02, 2024 | 8:37 pm
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Xponential Fitness reported Q1 2024 earnings of $0.16 per share, missing estimates, but sales of $79.521M exceeded expectations, indicating strong revenue growth.
While the EPS miss might initially disappoint investors, the beat on sales forecasts and significant year-over-year growth in both EPS and sales could offset negative sentiment. The mixed results present a neutral short-term outlook as the market digests both the earnings miss and the sales beat.
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IMPORTANCE 90
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