Planet Fitness (PLNT) Reports Q4 EPS of $0.17

Planet Fitness (NYSE: PLNT) reported Q4 EPS of $0.17, versus $0.14 reported last year. Revenue for the quarter came in at $105.8 million versus the consensus estimate of $69 million.

GUIDANCE:

Planet Fitness sees FY2016 EPS of $0.60-$0.63. Planet Fitness sees FY2016 revenue of $355-365 million.

Christopher Rondeau, Chief Executive Officer, commented, "Our fourth quarter performance exceeded expectations, capping a terrific 2015 for Planet Fitness. This past year we increased system-wide same store sales 7.7% while adding 209 new stores, including our first international franchised locations. These achievements are the direct result of our affordable, non-intimidating fitness offering and powerful national advertising strategy—both significant competitive advantages, combined with our group of well capitalized franchisees which we are leveraging to rapidly expand our consumer reach. The current year is off to an exciting start as our lead sponsorship of the Times Square New Year's Eve Celebration has helped fuel great momentum early on. We are very confident that our differentiated, asset light business model has our company well positioned to deliver profitable growth and increased shareholder returns over the long-term."

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

You May Also Be Interested In

• American Express (AXP) down despite beating Q1 estimates on top and bottom lines
• Baozun Inc. (BZUN) Chairman Issues 2023 Letter to Shareholders
• Elevance Health (ELV) hikes 2024 earnings outlook, shares climb