Xponential Fitness Inc reports results for the quarter ended in March - Earnings Summary

Xponential Fitness

02/05/2024 23:18

* Xponential Fitness Inc  XPOF.N  reported quarterly
adjusted
earnings of 16 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of -2 cents.  The mean expectation of
thirteen analysts for the quarter was for earnings of 22 cents
per share. Wall Street expected results to range from 9 cents
to 32 cents per share.
    * Revenue rose 12.5% to $79.52 million from a year ago;
analysts
expected $78.78 million. 
    * Xponential Fitness Inc's reported EPS for the quarter was
a loss
of 30 cents​.
    * The company reported a quarterly loss of $2.87 million.
    * Xponential Fitness Inc shares had fallen by 21.3% this
quarter and gained 0.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 21.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the leisure &
recreation peer group is also "buy"

Wall Street's median 12-month price target for Xponential
Fitness Inc is $25.00 
This summary was machine generated from LSEG data May 2 at 10:18
p.m. UTC. ​All figures in US dollars unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.22           0.16           Missed
 Dec. 31 2023      0.15           0.08           Missed
 Sep. 30 2023      0.15           0.11           Missed
 Jun. 30 2023      0.14           0.07           Missed