financetom
Business
financetom
/
Business
/
Update: Planet Fitness Q4 Adjusted Net Income, Revenue Increase; 2025 Guidance Issued; Shares Fall
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Planet Fitness Q4 Adjusted Net Income, Revenue Increase; 2025 Guidance Issued; Shares Fall
Feb 25, 2025 9:51 AM

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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
WEC Energy to acquire majority stake in Dallas solar project
WEC Energy to acquire majority stake in Dallas solar project
Apr 29, 2024
April 29 (Reuters) - U.S. electric utility WEC Energy Group ( WEC ) said on Monday it will acquire 90% ownership stake in a solar project located near Dallas, Texas for about $459 million. The 300-megawatt solar project Delilah I is developed by Invenergy to generate renewable energy under a long-term power purchase agreement with a global automaker. WEC said...
Bedford Metals Signs Definitive Option Agreement for Ubiquity Lake Uranium Project in Canada
Bedford Metals Signs Definitive Option Agreement for Ubiquity Lake Uranium Project in Canada
Apr 29, 2024
09:00 AM EDT, 04/29/2024 (MT Newswires) -- Bedford Metals ( URGYF ) said on Monday that it reached a definitive option agreement for the Ubiquity Lake uranium project in Canada's Athabasca Basin. In early March, the company announced its intention to acquire the project. The Ubiquity Lake uranium project represents a significant step forward in our mission to create shareholder...
Ford Motor's BlueCruise Technology Faces Preliminary US Auto Regulator Investigation
Ford Motor's BlueCruise Technology Faces Preliminary US Auto Regulator Investigation
Apr 29, 2024
09:03 AM EDT, 04/29/2024 (MT Newswires) -- Ford Motor's ( F ) hands-free driver assistance system, BlueCruise, is facing a preliminary investigation by the US National Highway Traffic Safety Administration after the regulator was notified of two collisions involving Ford cars using the technology, according to a filing made public by the NHTSA on Monday. The regulator said the investigation...
High Flood and Wildfire Scores Seen For Municipal Bond Offerings This Week
High Flood and Wildfire Scores Seen For Municipal Bond Offerings This Week
Apr 29, 2024
09:08 AM EDT, 04/29/2024 (MT Newswires) -- Multiple municipal bond offerings this week have a high exposure to climate risk, specifically high Flood and Wildfire Scores, according to ICE Climate Data. A $121 million offering from Nauset Regional School District, Mass., records a Flood Score of 4.4 out of 5.0, ICE reports. Locations with a component Physical Climate Risk Score,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved