Planet Fitness, Inc. Announces First Quarter 2016 Results

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Imperial Capital Raises Price Target on Planet Fitness (PLNT) Following 1Q Report and Guide

May 12, 2016 7:05 AM EDT

Imperial Capital reiterated an Outperform rating on Planet Fitness (NYSE: PLNT), and raised the price target to $22.00 (from $21.00), following the company's 1Q earnings report. Full year revenue guidance increased to $360370mn
from $355365mn and EPS guidance grew to $0.620.65 from $0.600.63.

Analyst George Kelly commented, "On 5/10/16, Planet... More

Planet Fitness' (PLNT) Capital Light Franchise Model Is Leading to Sustainable Growth - Cowen

May 11, 2016 6:39 AM EDT

Cowen analyst, Oliver Chen reiterated his Outperform rating and raised his PT to $19 from $18 as Planet Fitness (NYSE: PLNT) posted strong comps of 6.8% driven by member growth.

The majority of the comp beat was driven by member growth (total active members... More

Planet Fitness (PLNT) Tops Q1 EPS by 2c, Offers FY Guidance

May 10, 2016 4:08 PM EDT

Planet Fitness (NYSE: PLNT) reported Q1 EPS of $0.15, $0.02 better than the analyst estimate of $0.13. Revenue for the quarter came in at $83.3 million versus the consensus estimate of $78.7 million.

GUIDANCE:

Planet Fitness sees FY2016 EPS of $0.62-$0.65. Planet Fitness sees FY2016... More