Planet Fitness (PLNT) Tops Q4 EPS by 2c

Planet Fitness (NYSE: PLNT) reported Q4 EPS of $0.34, $0.02 better than the analyst estimate of $0.32. Revenue for the quarter came in at $174.4 million versus the consensus estimate of $173.69 million.

2019 Outlook

For the year ending December 31, 2019, the Company expects:

• Total revenue increase of approximately 15% as compared to the year ended December 31, 2018;
• System-wide same store sales in the high single digits;
• Adjusted net income to increase approximately 18% as compared to the year ended December 31, 2018; and
• Adjusted net income per diluted share to increase approximately 25% as compared to the year ended December 31, 2018.

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

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