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

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

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