Planet Fitness (PLNT) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Planet Fitness reported revenue of $340.45 million for the quarter ended December 2024, marking a year-over-year increase of 19.4$0.70, up from $0.60 a year ago, representing a surprise of 12.90$0.62 [1] Financial Performance Metrics - Total stores at the end of the period reached 2,722, slightly above the average estimate of 2,720 [4] - Same-store sales increased by 5.5%, surpassing the estimated 4.8% [4] - Corporate-owned same-store sales were reported at 4.4%, below the estimated 4.8% [4] - New stores opened totaled 86, exceeding the estimate of 81 [4] - Franchisee-owned same-store sales grew by 5.7%, above the average estimate of 4.7% [4] Revenue Breakdown - Revenue from the national advertising fund was $19.49 million, slightly below the estimate of$19.58 million, but reflecting a year-over-year increase of 10.5% [4] - Franchise revenue was reported at $89.54 million, below the estimate of$90.60 million, with an 11.1% year-over-year increase [4] - Equipment segment revenue reached $105.12 million, significantly above the average estimate of$86.99 million, representing a 49.2% year-over-year increase [4] - Corporate-owned stores segment revenue was $126.31 million, below the estimate of$130.83 million, with an 8.5% year-over-year increase [4] - Franchise segment revenue was $109.02 million, slightly below the estimate of$109.70 million, with an 11% year-over-year increase [4] Stock Performance - Planet Fitness shares have returned -4.1% over the past month, compared to the Zacks S&P 500 composite's -1.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]