Boutique fitness studio franchisor Xponential Fitness (NYSE:XPOF) will be announcing earnings results tomorrow after market hours. Here’s what investors should know.
Xponential Fitness beat analysts’ revenue expectations by 5.5% last quarter, reporting revenues of $80.49 million, flat year on year. It was a mixed quarter for the company, with an impressive beat of analysts’ adjusted operating income estimates but a significant miss of analysts’ EPS estimates.
Is Xponential Fitness a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Xponential Fitness’s revenue to decline 10.5% year on year to $80.75 million, a reversal from the 26.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.45 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Xponential Fitness has missed Wall Street’s revenue estimates four times over the last two years.
Looking at Xponential Fitness’s peers in the leisure facilities segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Live Nation’s revenues decreased 2.4% year on year, beating analysts’ expectations by 1.4%, and Planet Fitness reported revenues up 19.4%, topping estimates by 4.9%. Live Nation traded down 1.9% following the results while Planet Fitness was also down 8.9%.
Read our full analysis of Live Nation’s results here and Planet Fitness’s results here.
Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
