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Planet Fitness: 3Q Earnings Snapshot

HAMPTON, N.H. (AP) _ Planet Fitness Inc. (PLNT) on Thursday reported third-quarter net income of $25.8 million.

The Hampton, New Hampshire-based company said it had profit of 31 cents per share. Earnings, adjusted for non-recurring costs, came to 36 cents per share.

The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.

The fitness center operator posted revenue of $166.8 million in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $162.5 million.

Planet Fitness shares have increased 17% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $62.71, an increase of 13% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLNT at https://www.zacks.com/ap/PLNT