Note: EPS may not be comparable

Planet Fitness (NYSE: PLNT) reported Q4 EPS of $0.24, $0.01 better than the analyst estimate of $0.23. Revenue for the quarter came in at $134 million versus the consensus estimate of $131.12 million.

Fourth Quarter Fiscal 2017 Highlights

• Total revenue increased from the prior year period by 15.1% to $134.0 million.
• System-wide same store sales increased 11.6%.
• Net loss attributable to Planet Fitness, Inc. was $3.5 million, or $0.04 per diluted share, which includes the net negative impact of approximately $17.2 million related to the remeasurement of the Company\'s deferred tax assets and tax benefit arrangements due to recent tax reform, compared to net income attributable to Planet Fitness, Inc. of $10.6 million, or $0.18 per diluted share in the prior year period.
• Net income was $0.8 million, which includes the net negative impact of approximately $17.2 million related to the remeasurement of the Company\'s deferred tax assets and tax benefit arrangements due to recent tax reform, compared to $21.9 million in the prior year period.
• Adjusted net income(1) increased 19.1% to $23.5 million, or $0.24 per diluted share, compared to $19.7 million, or $0.20 per diluted share in the prior year period.
• Adjusted EBITDA(1) increased 16.0% to $51.2 million from $44.1 million in the prior year period.
• 88 new Planet Fitness stores were opened system-wide during the period, bringing system-wide total stores to 1,518 at December 31, 2017.

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