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Planet Fitness' stock falls as the full-year earnings growth outlook disappoints.
Full-year system-wide same club sales increase of 5.0% Net membership growth of 1 million since the end of 2023 Opened 150 new Planet Fitness clubs in 2024 HAMPTON, N.H. , Feb. 25, 2025 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its fourth quarter and year ended December 31, 2024.
Shares of Planet Fitness Inc PLNT were rising in early trading on Monday, a day ahead of the company reporting its fourth-quarter results.
Planet Fitness stock price has bounced back after bottoming at $23.76 in 2020 to a high of $109.75 earlier this year. It has risen by over 305% from its lowest point in 2020, giving it a market cap of over $8.4 billion.
Stay Ahead of the Game With Planet Fitness (PLNT) Q4 Earnings: Wall Street's Insights on Key Metrics
Get a deeper insight into the potential performance of Planet Fitness (PLNT) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
HAMPTON, N.H. , Feb. 12, 2025 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, announced today that it has realigned its leadership team to support the Company's strategic imperatives and propel the brand forward.
HAMPTON, N.H. , Feb. 11, 2025 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company will report results for its fourth quarter ended December 31, 2024, before the market opens on Tuesday, February 25, 2025.
The leisure industry is poised to benefit from rising consumer spending, business modifications and AI-driven technological enhancements.
Vertiv Holdings Co. excels with strong AI-related data center demand, projecting 16%-18% organic revenue growth for 2025, and increased profit margins. Chart Industries, Inc. shows robust fundamentals with record revenue and margins, expecting 12% revenue and 18% EBITDA growth in 2025. Intapp, Inc. benefits from strong quarterly results, 17% revenue growth, and a record pipeline, driven by AI product demand and favorable M&A activity.
Planet Fitness (PLNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.