Is PLNT's Q3 earnings performance a sustainable trend?

**Planet Fitness' Q3 earnings performance shows strong signs of sustainability**, considering the following points:

1. **Consistent Growth**: Planet Fitness has demonstrated consistent growth in revenue and earnings. For instance, in Q2 2024, the company reported a revenue growth of 8% to 9% for the year 2024, and in Q3, the company's earnings and revenues beat the Zacks Consensus Estimate by 9.2% and 2%, respectively.
2. **Strategic Initiatives**: The company's strategic initiatives, such as growth in new markets like Mexico, Spain, and Australia, and the anticipated same-club sales growth of 4% to 5%, indicate a forward-looking sustainability in its business model.
3. **Financial Projections**: Zacks Research has provided earnings estimates for Planet Fitness, projecting Q3 2025 earnings at $0.73 EPS. This suggests that the company's earnings trajectory is expected to continue positively.
4. **Market Performance**: Planet Fitness' stock has jumped to an all-time high after the Q3 earnings report, trading up 11%, which can be a positive indicator of investor confidence in the company's future prospects.
5. **Industry Position**: As a leading player in the fitness industry, Planet Fitness has a strong brand and a wide presence, which provides a solid foundation for sustaining its earnings performance.

In conclusion, considering the company's historical growth, strategic direction, financial projections, market performance, and industry position, Planet Fitness' Q3 earnings performance appears to be a sustainable trend.