Notable Hit 1: (PLNT:NYSE) On Thursday November 5 , 2021 Planet Fitness (PLNT) posted better-than-expected revenues of $154.26mm beating the consensus estimate of $135.09 (-14.2%) and in the same direction as Advan’s forecasted sales. The revenue was +46.4% YoY - Advan’s foot traffic data captured an increase in employee foot traffic of +58.7% YoY at its fitness clubs for Q3 2021. As a result of beating the sales and EPS, the stock opened at $91.27, up +15.5% from its previous day’s closing price. Advan’s footfall data has a correlation of 1 on a YoY basis with ECL’s top-line revenue over the last 12 quarters.
Notable Hit 2: (CVX:NYSE) On Friday October 29 , 2021 Chevron Corporation (CVX) posted better-than-expected revenues of $42.55bn beating the consensus estimate of $39.7(-6.7%) and in the same direction as Advan’s forecasted sales. The revenue was +74% YoY - Advan’s foot traffic data captured an increase in foot traffic of +43.4% YoY at its gas stations for Q3 2021. As a result of beating the sales and EPS, the stock opened at $114.83, up +1.5% from its previous day’s closing price. Advan’s footfall data has a correlation of 0.95 on a YoY basis with BOOT’s top-line revenue over the last 11 quarters.
To learn more about the data behind this article and what Advan has to offer, visit https://advanresearch.com/.
Sign up to receive our stories in your inbox.
Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.
Sign up to receive our stories in your inbox.
Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.
