Planet Fitness (PLNT) Tops Q1 EPS by 1c, Revenue Misses, Maintains Guidance

Planet Fitness (NYSE: PLNT) reported Q1 EPS of $0.35, $0.01 better than the analyst estimate of $0.34. Revenue for the quarter came in at $148.8 million versus the consensus estimate of $153.37 million.

2019 Outlook

For the year ending December 31, 2019, the Company reiterates its expectation of:

• Total revenue increase of approximately 15% as compared to the year ended December 31, 2018;
• System-wide same store sales in the high single digits;
• Adjusted net income to increase approximately 18% as compared to the year ended December 31, 2018; and
• Adjusted net income per diluted share to increase approximately 25% as compared to the year ended December 31, 2018.

For earnings history and earnings-related data on Planet Fitness (PLNT) click here.

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• AXT appoints Tracy Liu to its board of directors
• Worried the AI trade has gone too far? Evercore likes these 4 stocks