Inclusive gym franchise company (NYSE: PLNT) will be announcing earnings results this Thursday before the bell. Here’s what to expect.
Planet Fitness beat analysts’ revenue expectations by 2.5% last quarter, reporting revenues of $340.9 million, up 13.3% year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ adjusted operating income estimates and a solid beat of analysts’ same-store sales estimates.
Is Planet Fitness a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Planet Fitness’s revenue to grow 10.7% year on year to $323.6 million, improving from the 5.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.74 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Planet Fitness has missed Wall Street’s revenue estimates twice over the last two years.
Looking at Planet Fitness’s peers in the leisure facilities segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Lucky Strike delivered year-on-year revenue growth of 12.3%, beating analysts’ expectations by 3.3%, and Live Nation reported revenues up 11.1%, falling short of estimates by 0.9%.
Read our full analysis of Lucky Strike’s results here and Live Nation’s results here.
Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the leisure facilities stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 7% on average over the last month. Planet Fitness is down 7.9% during the same time and is heading into earnings with an average analyst price target of $123.35 (compared to the current share price of $90.22).
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