We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here's What Key Metrics Tell Us About Xponential Fitness (XPOF) Q2 Earnings
Read MoreHide Full Article
For the quarter ended June 2023, Xponential Fitness (XPOF - Free Report) reported revenue of $77.34 million, up 29.9% over the same period last year. EPS came in at $0.07, compared to -$0.07 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $71.93 million, representing a surprise of +7.52%. The company delivered an EPS surprise of -36.36%, with the consensus EPS estimate being $0.11.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Xponential Fitness performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Same store sales: 15% compared to the 14.25% average estimate based on four analysts.
Number of studios operating iinternationally: 372 compared to the 383.67 average estimate based on three analysts.
Number of studios operating in North America: 2520 compared to the 2517.67 average estimate based on three analysts.
Number of studios operating globally (cumulative total as of period end): 2892 compared to the 2901.33 average estimate based on three analysts.
Number of new studios operating in North America: 114 versus the two-analyst average estimate of 102.
Number of new studios openings globally, net: 141 versus 139.5 estimated by two analysts on average.
Number of new studios operating iinternationally: 27 versus the two-analyst average estimate of 37.5.
Franchise revenue: $35.13 million versus $34.42 million estimated by three analysts on average.
Franchise marketing fund revenue: $6.62 million versus the three-analyst average estimate of $6.34 million.
Merchandise revenue: $8.40 million versus the three-analyst average estimate of $7.51 million.
Other service revenue: $12.76 million versus $10.93 million estimated by three analysts on average.
Equipment revenue: $14.43 million compared to the $13.57 million average estimate based on three analysts.
Shares of Xponential Fitness have returned +2.4% over the past month versus the Zacks S&P 500 composite's +2.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Here's What Key Metrics Tell Us About Xponential Fitness (XPOF) Q2 Earnings
For the quarter ended June 2023, Xponential Fitness (XPOF - Free Report) reported revenue of $77.34 million, up 29.9% over the same period last year. EPS came in at $0.07, compared to -$0.07 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $71.93 million, representing a surprise of +7.52%. The company delivered an EPS surprise of -36.36%, with the consensus EPS estimate being $0.11.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Xponential Fitness performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Same store sales: 15% compared to the 14.25% average estimate based on four analysts.
- Number of studios operating iinternationally: 372 compared to the 383.67 average estimate based on three analysts.
- Number of studios operating in North America: 2520 compared to the 2517.67 average estimate based on three analysts.
- Number of studios operating globally (cumulative total as of period end): 2892 compared to the 2901.33 average estimate based on three analysts.
- Number of new studios operating in North America: 114 versus the two-analyst average estimate of 102.
- Number of new studios openings globally, net: 141 versus 139.5 estimated by two analysts on average.
- Number of new studios operating iinternationally: 27 versus the two-analyst average estimate of 37.5.
- Franchise revenue: $35.13 million versus $34.42 million estimated by three analysts on average.
- Franchise marketing fund revenue: $6.62 million versus the three-analyst average estimate of $6.34 million.
- Merchandise revenue: $8.40 million versus the three-analyst average estimate of $7.51 million.
- Other service revenue: $12.76 million versus $10.93 million estimated by three analysts on average.
- Equipment revenue: $14.43 million compared to the $13.57 million average estimate based on three analysts.
View all Key Company Metrics for Xponential Fitness here>>>Shares of Xponential Fitness have returned +2.4% over the past month versus the Zacks S&P 500 composite's +2.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.