Town Sports International Holdings Inc. (CLUB) Scheduled to Post Earnings on Thursday

Posted by on Jul 31st, 2016

Town Sports International Holdings Inc. (NASDAQ:CLUB) will release its earnings data after the market closes on Thursday, July 28th. Analysts expect Town Sports International Holdings to post earnings of ($0.21) per share for the quarter.

Town Sports International Holdings (NASDAQ:CLUB) last released its quarterly earnings results on Tuesday, May 3rd. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.22) by $0.06. The business had revenue of $101.30 million for the quarter, compared to analysts’ expectations of $98.06 million. During the same period last year, the firm posted ($0.52) EPS. On average, analysts expect Town Sports International Holdings to post $-0.81 EPS for the current fiscal year and $-0.45 EPS for the next fiscal year.

CLUB has been the topic of several analyst reports. Imperial Capital upped their price target on Town Sports International Holdings from $3.00 to $5.00 and gave the company an “outperform” rating in a research report on Thursday, May 5th. Piper Jaffray Cos. reiterated a “hold” rating and set a $4.00 price target (up from $2.00) on shares of Town Sports International Holdings in a research report on Wednesday, May 4th.

In other Town Sports International Holdings news, major shareholder Pw Partners Atlas Fund Iii, Lp acquired 127,922 shares of the business’s stock in a transaction dated Tuesday, June 14th. The stock was bought at an average price of $2.74 per share, with a total value of $350,506.28. Following the completion of the acquisition, the insider now owns 299,294 shares of the company’s stock, valued at $820,065.56. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Town Sports International Holdings Inc. (NASDAQ:CLUB) traded up 0.40% on Wednesday, reaching $2.54. 8,668 shares of the company’s stock traded hands. Town Sports International Holdings Inc. has a 12 month low of $0.92 and a 12 month high of $3.97. The firm’s 50-day moving average is $2.65 and its 200 day moving average is $2.40. The firm has a market cap of $63.28 million and a PE ratio of 2.38.

Town Sports International Holdings, Inc (Town Sports) is an owner and operator of fitness clubs in the Northeast and Mid-Atlantic regions of the United States. The Company, through its subsidiaries, operates approximately 158 fitness clubs under its four regional brand names: New York Sports Clubs (NYSC), Boston Sports Clubs (BSC), Philadelphia Sports Clubs (PSC) and Washington Sports Clubs (WSC).