IRVINE, Calif. (AP) _ Xponential Fitness Inc. (XPOF) on Thursday reported second-quarter earnings of $16.8 million.
The Irvine, California-based company said it had net income of 50 cents per share. Losses, adjusted for non-recurring gains, came to 7 cents per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.
The franchisor of boutique fitness brands posted revenue of $59.6 million in the period, which beat Street forecasts. Five analysts surveyed by Zacks expected $49.2 million.
Xponential Fitness expects full-year revenue in the range of $211 million to $221 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XPOF at https://www.zacks.com/ap/XPOF
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