The upcoming earnings report for Planet Fitness, Inc. is scheduled for Wednesday, May 6th, with a consensus EPS estimate of $0.63.
Planet Fitness, Inc. (PLNT) is currently trading at $65.39, showing a price decrease of $1.18 (-1.77%) from the previous close of $66.57. The trading volume stands at $773,492, representing a 46.25% deviation from the average.
The latest quarterly earnings for PLNT were reported on Monday, February 23rd, with a consensus EPS estimate of $0.78. The company achieved a net income of $60.39 million.
PLNT's cash flow indicates positive financial health with a net change in cash of $26.55 million, operating cash flow of $109 million, and free cash flow of $58.97 million.
The company generated revenue of $376.26 million, resulting in a gross profit of $144.98 million. PLNT reported an EPS of 73 cents and a net income of $60.39 million.
Key financial ratios show a quick ratio of 2.08, gross profit margin of 38.53%, and a return on assets of 1.95%.
PLNT's balance sheet reveals total assets of $3.10 billion, total liabilities of $3.59 billion, and net debt of $97.34 million.
This comprehensive analysis provides insights into the current performance and financial standing of Planet Fitness, Inc. (PLNT) ahead of its upcoming earnings report.
Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. It operates through Franchise, Corporate-Owned Stores, and Equipment segments. The Franchise segment is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. The Corporate-Owned Stores segment operates corporate-owned stores in the United States and Canada. The Equipment segment engages in the sale of fitness equipment to franchisee-owned stores in the United States and Canada. As of December 31,2021, the company had 2,254 stores in 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, and Australia. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire.