Planet Fitness Inc. shares declined in the extended session Wednesday after the gym chain’s full-year forecast earnings range fell short of the Wall Street view. Planet Fitness shares fell 8.1% to $20.08 after hours. The company forecast adjusted 2017 earnings of 72 cents to 75 cents a share on revenue of $405 million to $415 million. Analysts surveyed by FactSet expect 75 cents a share on revenue of $411.2 million. For the fourth quarter, Planet Fitness reported adjusted earnings of 20 cents a share on revenue of $116.4 million. Analysts had estimated 19 cents a share on revenue of $115.5 million.
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