Sales are growing faster than expected, putting to rest the concerns of some investors. Shares of gym chain Planet Fitness (PLNT 11.25%) jumped on Thursday after the company reported financial results for the third quarter of 2024. As of 3:30 p.m. EST, Planet Fitness stock was up 11%, but it had been up by even more earlier in the day and had touched all-time highs. Back to record highs It's quite the comeback for Planet Fitness. From late 2021 through late 2023, the stock lost about half of its value, with ...

We have traded Planet Fitness, Inc. (NYSE: PLNT ) stock several times . Shares have traded in an interesting range, with some earlier controversies at the beginning of the year. However, the company has continued to build out its franchise Pay yourself dividends with outsized returns Get more with our playbook to advance your savings and retirement timeline by embracing a blended trading and investing approach at our one-stop shop. Our prices go up this week, so act now and you can lock in $65 of savings im ...

For the quarter ended September 2024, Planet Fitness (PLNT) reported revenue of $292.25 million, up 5.3% over the same period last year. EPS came in at $0.64, compared to $0.59 in the year-ago quarter. The reported revenue represents a surprise of +3.00% over the Zacks Consensus Estimate of $283.73 million. With the consensus EPS estimate being $0.58, the EPS surprise was +10.34%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...

Planet Fitness, Inc. (NYSE:PLNT) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Stacey Caravella – Vice President-Investor Relations Colleen Keating – Chief Executive Officer Jay Stasz – New Chief Financial Officer Tom Fitzgerald – Chief Financial Officer Conference Call Participants Simeon Siegel – BMO Capital Markets Sharon Zackfia – William Blair Jonathan Komp – Baird Rahul Krotthapalli – JPMorgan Megan Clapp – Morgan Stanley John Heinbockel – Guggenheim Partners Joe Al ...

Planet Fitness (PLNT) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.34%. A quarter ago, it was expected that this fitness center operator would post earnings of $0.65 per share when it actually produced earnings of $0.71, delivering a surprise of 9.23%. Over the last four quarte ...

Increases 2024 revenue and Adjusted EBITDA outlook Initiated new $500 million share repurchase program upon $280 million share repurchase completion Appointed Jay Stasz as Chief Financial Officer, effective November 15, 2024 HAMPTON, N.H., Nov. 7, 2024 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its third quarter ended September 30, 2024. "We delivered solid results in the quarter, including more than 5 percent revenue growth, approximately 3 percent net income gr ...

Exhibit 99.1 Planet Fitness, Inc. Announces Third Quarter 2024 Results Increases 2024 revenue and Adjusted EBITDA outlook Initiated new $500 million share repurchase program upon $280 million share repurchase completion Appointed Jay Stasz as Chief Financial Officer, effective November 15, 2024 Hampton, NH, November 7, 2024 - Today, Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its third quarter ended September 30, 2024. "We delivered solid results in the quarter, including more than 5 pe ...

A group of unsecured creditors pushed to derail the sale of bankrupt gym chain Blink to a UK company after it won an auction over Planet Fitness, The Post has learned.Planet Fitness — the largest gym chain in the US with more than 2,000 locations — had made an 11th-hour bid to acquire Blink, which last week accepted a lower offer from UK-based Pure Gym, sources exclusively told The Post.Planet Fitness has made an eleventh-hour bid to acquire affordable gym chain Blink, sources exclusively told The Post. Chr ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Planet Fitness (PLNT) , which belongs to the Zacks Leisure and Recreation Services industry, could be a great candidate to consider.This fitness center operator has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 8.70%.For the l ...

TORONTO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, announced today nearly three million high school students signed up for its annual High School Summer Pass program, logging more than 12 million workouts this summer between June 1 and August 31. During this time, Planet Fitness invited high schoolers between the ages of 14 – 19 to work out for free at any of its 2,600 ...