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

October 29, 2009 10:45 AM EDT

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.


Related Categories

Earnings
Guidance
Momentum Movers

Stocks Mentioned

CLUB 2.30

+0.00 +0.00%
Volume: 51,667
Track CLUB


Add Your Comment