Planet Fitness, Inc. Announces Fourth Quarter and Year-End 2019 Results

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Planet Fitness (PLNT) PT Raised to $77 at Wedbush

February 26, 2020 6:41 AM EST

Wedbush analyst James Hardiman raised the price target on Planet Fitness (NYSE: PLNT) to $77.00 (from $69.00) while maintaining a Neutral rating.

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Planet Fitness (PLNT) Tops Q4 EPS by 3c, Revenues Beat

February 25, 2020 4:11 PM EST

Planet Fitness (NYSE: PLNT) reported Q4 EPS of $0.44, $0.03 better than the analyst estimate of $0.41. Revenue for the quarter came in at $191.5 million versus the consensus estimate of $189.62 million.

Fourth Quarter Fiscal 2019 Highlights

Total revenue increased from the prior year period by 9.8% to $191.5 million.System-wide same store sales increased 8.6%.Net income attributable to Planet Fitness, Inc. was $29.7 million, or $0.36 per diluted share, compared to net income attributable to Planet Fitness, Inc. of $24.8 million, or $0.29 per diluted share, in the prior... More