Planet Fitness Inc. Q4 Profit Increases, Beats Estimates

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(RTTNews) - Planet Fitness Inc. (PLNT) reported a profit for its fourth quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $47.084 million, or $0.56 per share. This compares with $35.340 million, or $0.41 per share, last year.

Excluding items, Planet Fitness Inc. reported adjusted earnings of $59.724 million or $0.70 per share for the period.

Analysts on average had expected the company to earn $0.62 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 19.4% to $340.450 million from $285.086 million last year.

Planet Fitness Inc. earnings at a glance (GAAP) :

-Earnings: $47.084 Mln. vs. $35.340 Mln. last year. -EPS: $0.56 vs. $0.41 last year. -Revenue: $340.450 Mln vs. $285.086 Mln last year.

Looking ahead, for the full-year 2025, Planet Fitness expects its adjusted income to grow in the range of 8 percent to 9 percent. Excluding items, earnings per share growth is projected to be in the range of 11 percent to 12 percent.

In addition, the company anticipates annual revenue growth of around 10 percent.