Overview

* Planet Fitness ( PLNT ) Q3 revenue rises 13% to $330.3 mln, beating analyst expectations

* Adjusted EPS for Q3 beats estimates at $0.80

* Company repurchased $100 mln of its shares, indicating confidence in future growth

Outlook

* Planet Fitness ( PLNT ) raises 2025 revenue growth outlook to 11% from 10%

* Company expects system-wide same club sales growth of 6.5% in 2025

* Planet Fitness ( PLNT ) anticipates adjusted EBITDA to grow 12% in 2025

Result Drivers

* SAME CLUB SALES - System-wide same club sales increased 6.9%, contributing to overall revenue growth

* NEW CLUB OPENINGS - 35 new clubs opened during the quarter, boosting system-wide sales

* EQUIPMENT SALES - Higher equipment sales to franchisee-owned clubs drove revenue growth in the equipment segment

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $330.30 $324.10

Revenue mln mln (14

Analysts

)

Q3 Beat $0.80 $0.73

Adjusted (13

EPS Analysts

)

Q3 Beat $67 mln $61.30

Adjusted mln (11

Net Analysts

Income )

Q3 Net $58.80

Income mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the leisure & recreation peer group is "buy"

* Wall Street's median 12-month price target for Planet Fitness Inc ( PLNT ) is $122.37, about 25.1% above its November 5 closing price of $91.70

* The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 34 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)