Planet Fitness Stock Climbs After Earnings Top Wall Street Estimates
May 10, 2022
Shares of Planet Fitness climbed Tuesday after the operator of fitness centers reported first-quarter earnings that beat Wall Street expectations and reiterated its 2022 outlook.
Planet Fitness reported first-quarter adjusted earnings of 32 cents a share, above Wall Street estimates of 27 cents. Revenue for the quarter was $186.7 million, short of analysts’ expectations of $190 million. Barron’s