Anzeige
Mehr »
Login
Freitag, 29.03.2024 Börsentäglich über 12.000 News von 687 internationalen Medien
Spezial am Donnerstag: Rallye II. - Neuer Anstoß, News und was die Börsencommunity jetzt nicht verpassen will…
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche
ACCESSWIRE
145 Leser
Artikel bewerten:
(0)

Active-Investors: Free Research Report as Planet Fitness' Quarterly Revenue Jumped 15.1%; Adjusted EPS Rose 20%

Stock Monitor: Speedway Motorsports Post Earnings Reporting

LONDON, UK / ACCESSWIRE / April 05, 2018 / Active-Investors.com has just released a free earnings report on Planet Fitness, Inc. (NYSE: PLNT). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/'symbol=PLNT. Planet Fitness reported its fourth quarter and fiscal 2017 operating and financial results on February 22, 2018. The fitness center operator outperformed top- and bottom-line expectations and provided guidance for FY18. Register today and get access to over 1,000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is currently working on the research report for Speedway Motorsports, Inc. (NYSE: TRK), which also belongs to the Services sector as the Company Planet Fitness. Do not miss out and become a member today for free to access this upcoming report at:

www.active-investors.com/registration-sg/'symbol=TRK

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Planet Fitness most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/'symbol=PLNT

Earnings Highlights and Summary

For the fourth quarter of 2017, Planet Fitness' total revenue jumped 15.1% to $134.0 million from $116.4 million in Q4 2016. In the reported quarter, the Company's system-wide same store sales increased 11.6% on a y-o-y basis. Planet Fitness' reported numbers beat analysts' estimates of $131.7 million.

For Q4 2017, net loss attributable to Planet Fitness was $3.5 million, or $0.04 per diluted share, compared to net income attributable to Planet Fitness of $10.6 million, or $0.18 per diluted share, in Q4 2016. The Company's reported quarter results included a net negative impact of approximately $17.2 million related to the remeasurement of the Company's deferred tax assets and tax benefit arrangements due to recent tax reform.

Planet Fitness' adjusted net income totaled $23.5 million, or $0.24 per diluted share, for Q4 2017 from $19.7 million, or $0.20 per diluted share, in Q4 2016. The Company's earnings surpassed Wall Street's estimates of $0.23 per share.

In Q4 2017, Planet Fitness' adjusted earnings before interest, tax, depreciation, and amortization (EBITDA), increased 16.0% to $51.2 million from $44.1 million in Q4 2016.

For the fiscal year ended December 31, 2017, Planet fitness' total revenue climbed 13.7% to $429.9 million from $378.2 million in FY16.

For FY17, net income attributable to Planet Fitness totaled $33.1 million, or $0.42 per diluted share, compared to net income of $71.2 million and net income attributable to Planet Fitness of $21.5 million, or $0.50 per diluted share, in FY16. The Company's adjusted net income came in at $82.3 million, or $0.84 per diluted share, from $67.6 million, or $0.69 per diluted share, in FY16.

Planet Fitness' Segment Results

During Q4 2017, Franchise segment's revenue, which included commission income, surged 24.6% to $40.0 million from $32.1 million in Q4 2016. The segment's same store sales increased 11.9% on a y-o-y basis. In the reported quarter, the Franchise segment's EBITDA rose 23.4% to $32.0 million on a y-o-y basis driven by royalties from both new stores and higher same store sales.

For Q4 2017, the Corporate-owned stores segment's revenue gained 8.7% to $28.2 million from $26.0 million in Q4 2016. The segment's same store sales rose 5.6% on a y-o-y basis. The Corporate-owned stores segment's EBITDA grew 6.5% to $11.3 million on a y-o-y basis driven by higher same store sales and annual fee revenue, partially offset by higher pre-opening costs associated with four corporate-owned stores opened in the reported quarter.

The Equipment segment's revenue advanced 12.8% to $65.8 million from $58.3 million in Q4 2016. The Equipment division recorded segment's EBITDA of $15.0 million, down 1.0% on a y-o-y basis.

Share Repurchase Program

Planet Fitness announced that its Board of Directors approved an increase of $80 million to its current $20 million share repurchase program, bringing the total authorized amount available for repurchase to $100 million.

Store Update

During Q4 2017, the Company opened 88 new Planet Fitness stores system-wide, bringing system-wide total stores to 1,518 at December 31, 2017.

Outlook

For the year ending December 31, 2018, Planet Fitness is forecasting total revenue increase of approximately 20% on a y-o-y basis. The Company is expecting system-wide same store sales growth in the high single digit percentage range, and adjusted net income and adjusted net income per diluted share to grow approximately 40% on a y-o-y basis.

Stock Performance Snapshot

April 04, 2018 - At Wednesday's closing bell, Planet Fitness' stock rose 2.53%, ending the trading session at $37.66.

Volume traded for the day: 1.04 million shares.

Stock performance in the last three-month - up 14.26%; previous six-month period - up 39.48%; past twelve-month period - up 95.64%; and year-to-date - up 8.75%

After yesterday's close, Planet Fitness' market cap was at $3.63 billion.

Price to Earnings (P/E) ratio was at 8.75.

The stock is part of the Services sector, categorized under the Sporting Activities industry. This sector was up 1.0% at the end of the session.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors

Großer Dividenden-Report 2024 von Dr. Dennis Riedl
Der kostenlose Dividenden-Report zeigt ganz genau, wo Sie in diesem Jahr zuschlagen können. Das sind die Favoriten von Börsenprofi Dr. Dennis Riedl
Jetzt hier klicken
© 2018 ACCESSWIRE
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.