Planet Fitness (PLNT) Tops Q3 EPS by 4c

Planet Fitness (NYSE: PLNT) reported Q3 EPS of $0.28, $0.04 better than the analyst estimate of $0.24. Revenue for the quarter came in at $136.7 million versus the consensus estimate of $126.08 million.

For the year ending December 31, 2018, the Company now expects:

• Total revenue increase of approximately 33% as compared to the year ended December 31, 2017;
• System-wide same store sales growth of approximately 10%; and
• Adjusted net income and adjusted net income per diluted share to increase approximately 43% as compared to the year ended December 31, 2017.

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

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