12:15 PM EST, 02/25/2025 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph, and analysts' 2025 estimate in the last paragraph.)
Planet Fitness ( PLNT ) shares were down more than 8% in recent Tuesday trading after the company issued 2025 earnings growth outlook that missed analysts' expectations.
The company reported Q4 adjusted net income of $0.70 per diluted share, up from $0.60 a year earlier. Analysts polled by FactSet expected $0.62.
Revenue for the quarter ended Dec. 31 was $340.5 million, up from $285.1 million a year earlier. Analysts surveyed by FactSet expected $324.7 million.
For 2025, Planet Fitness ( PLNT ) expects an 11% to 12% year-over-year increase in adjusted EPS, which falls short of analysts' expectations of $2.94. The company also forecasts a revenue increase of about 10%. Analysts are looking for $1.28 billion.
Price: 90.85, Change: -8.39, Percent Change: -8.45