A couple weeks later, the company reported record earnings and the stock has been on a tear ever since. In fact, since the bullish alert was sent, $PLNT has gained over $12 per share -- 20% in a matter of six weeks!
Going forward, we expect more of the same for Planet Fitness. Because of their subscription business model, and low churn rates, it really is all about the New Years resolution season (and late summer push, which gets a smaller bounce) for this company.
Earnings Season Preview
Do not miss this! On Wednesday, March 10 at 10am ET, we are hosting a free webinar preview of the upcoming earnings season.