How does PLNT's earnings growth compare quarter-over-quarter?
4/6/2025 02:11pm
Planet Fitness (PLNT) has demonstrated a general upward trend in net income over the past four quarters, with some fluctuations. Here's a comparison of its earnings growth quarter-over-quarter:
1. **Growth Trend**: The net income for Q4 2024 (Cum: $174.24 million) is the highest compared to the previous quarter's net income of $126.68 million for Q3 2024. This indicates a positive growth trajectory in earnings.
2. **Year-Over-Year Growth**: When comparing the most recent quarter's net income to the corresponding quarter in the previous year, we see that Q4 2024's net income is significantly higher than Q4 2023's net income of $134.16 million. This suggests that the company's earnings are growing year-over-year as well.
3. **Inter-Quarter Variations**: While the overall trend is positive, there are variations in net income within the same year. For instance, the net income for Q3 2024 is higher than that of Q2 2024, which in turn was higher than Q1 2024. This shows that the company's performance can fluctuate from one quarter to another.
4. **Stability**: The consistency of growth from Q1 2024 to Q4 2024 indicates a stable business model and operational efficiency, which is a positive sign for investors.
In conclusion, Planet Fitness has shown strong quarter-over-quarter and year-over-year earnings growth, with a clear upward trend in its net income over the past four quarters. This performance suggests a robust business model and the company's ability to generate increasing profits over time.