Planet Fitness, Inc. Announces Third Quarter 2023 Results

Go back to Planet Fitness, Inc. Announces Third Quarter 2023 Results

Planet Fitness (PLNT) jumps on earnings, revenue beat as membership growth boosts Q3

November 7, 2023 9:39 AM EST

(Updated - November 7, 2023 9:54 AM EST)

Planet Fitness (NYSE: PLNT) shares surged in early Tuesday trading after the gym franchise reported third-quarter earnings that impressed investors and raised its full-year 2023 guidance.

Shares of Planet Fitness are up more than 14% at the time of writing, trading at levels last seen in early August.

The company's Q3 EPS was $0.59, $0.04 better than the analyst estimate of $0.55, while... More

Planet Fitness (PLNT) Tops Q3 EPS by 4c; raises outlook

November 7, 2023 6:33 AM EST

Planet Fitness (NYSE: PLNT) reported Q3 EPS of $0.59, $0.04 better than the analyst estimate of $0.55. Revenue for the quarter came in at $277.6 million versus the consensus estimate of $268.26 million.

GUIDANCE:

The following are 2023 growth expectations over the Company\'s 2022 results:

It now... More