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Planet Fitness Q2 Adjusted Earnings, Revenue Rise; Shares Up Pre-Bell
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Planet Fitness Q2 Adjusted Earnings, Revenue Rise; Shares Up Pre-Bell
Aug 6, 2024 6:05 AM

08:30 AM EDT, 08/06/2024 (MT Newswires) -- Planet Fitness ( PLNT ) reported Q2 adjusted earnings Tuesday of $0.71 per diluted share, up from $0.65 a year earlier.

Analysts surveyed by Capital IQ expected $0.66.

Revenue for the quarter ended June 30 was $300.9 million, up from $286.5 million a year earlier.

Analysts polled by Capital IQ expected $290.7 million.

The company said it continues to expect 2024 adjusted EPS growth of 7% to 9% and revenue growth of 4% to 6%. Analysts polled by Capital IQ are looking for adjusted EPS of $2.43 on revenue of $1.13 billion.

Shares of the company rose 5% in recent premarket activity Tuesday.

Price: 75.61, Change: +3.60, Percent Change: +5.00

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