Planet Fitness(PLNT) ZACKS·2025-02-20 15:20Core Viewpoint - Planet Fitness is expected to report quarterly earnings of 326.64 million, reflecting a 14.6% year-over-year growth [1]. Earnings Projections - There has been a downward revision of 1.6% in the consensus EPS estimate over the last 30 days, indicating analysts' reassessment of their initial forecasts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts forecast the 'Revenue- National advertising fund' to reach 90.60 million, reflecting a 12.4% year-over-year change [5]. - The 'Revenue- Equipment segment' is projected to reach 130.83 million, also indicating a 12.4% year-over-year growth [6]. Same-store Sales and Store Metrics - Same-store sales are predicted to be 4.8%, down from 7.7% in the same quarter last year [6]. - The consensus estimate for 'Total Stores - End of period' is 2,720, compared to 2,575 in the same quarter last year [6]. - 'EOP Franchise Stores' are expected to reach 2,441, up from 2,319 a year ago [7]. - 'EOP Corporate Stores' is projected at 279, compared to 256 last year [7]. - 'Corporate-owned same store sales' is expected to be 4.8%, down from 8.7% year-over-year [7]. - 'Total Stores - New stores opened' is estimated at 81, compared to 77 last year [8]. - 'Franchisee-owned same store sales' is expected to be 4.7%, down from 7.6% year-over-year [8]. - The average prediction for 'Total Stores - Beginning of period' is 2,638, compared to 2,410 last year [8]. Stock Performance - Planet Fitness shares have returned -6% over the past month, contrasting with the Zacks S&P 500 composite's +2.6% change [8]. - With a Zacks Rank 3 (Hold), Planet Fitness is expected to perform in line with the overall market in the near future [8].