Send to a Friend Share

Town Sports (CLUB) Tumbles as Earnings Inline, but Guidance Disappoints

October 29, 2009 10:45 AM EDT
CLUB Hot Sheet
Revenue Growth %: +5.3%

Financial Fact:
Total operating expenses: 111.28M

Today's EPS Names:
TARO, BRLI, TLB, More
Town Sports International Holdings Inc. (Nasdaq: CLUB) reports Q3 loss of $0.07, 2 cents worse than the analyst estimate of ($0.05). Revenue for the quarter was $120.4 million, which compares to the estimate of $115.82 million.

Sees Q4 sales of $112.5-$114.5 million, versus the consensus of $124 million. Sees a Q4 loss of $0.08-$0.10, versus the Street estimate of a gain of $0.04.

Shares of CLUB are down about 13.5% on the weak guidance.

You May Also Be Interested In


Related Categories

Earnings, Guidance, Momentum Movers

Add Your Comment





Follow StreetInsider.com On Twitter