Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Xponential Fitness (NYSE:XPOF) and the best and worst performers in the leisure facilities industry.

Leisure facilities companies often sell experiences rather than tangible products, and in the last decade-plus, consumers have slowly shifted their spending from “things” to “experiences”. Leisure facilities seek to benefit but must innovate to do so because of the industry’s high competition and capital intensity.

The 12 leisure facilities stocks we track reported a mixed Q3. As a group, revenues beat analysts’ consensus estimates by 0.8% while next quarter’s revenue guidance was in line.

In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results.

Owner of CycleBar, Rumble, and Club Pilates, Xponential Fitness (NYSE:XPOF) is a boutique fitness brand offering diverse and specialized exercise experiences.

Xponential Fitness reported revenues of $80.49 million, flat year on year. This print exceeded analysts’ expectations by 5.5%. Despite the top-line beat, it was still a mixed quarter for the company with a solid beat of analysts’ adjusted operating income estimates but a significant miss of analysts’ EPS estimates.

“Following my first 100 days, I’m looking forward to sharing my vision for the Company with all of you this afternoon,” said Mark King, CEO of Xponential Fitness, Inc.

Xponential Fitness pulled off the biggest analyst estimates beat but had the weakest full-year guidance update of the whole group. The stock is up 36.6% since reporting and currently trades at $17.35.

Is now the time to buy Xponential Fitness? Access our full analysis of the earnings results here, it’s free.

Owner of Ticketmaster and operator of music festival EDC, Live Nation (NYSE:LYV) is a company specializing in live event promotion, venue management, and ticketing services for concerts and shows.

Live Nation reported revenues of $7.65 billion, down 6.2% year on year, falling short of analysts’ expectations by 2%. However, the business still had a very strong quarter with a solid beat of analysts’ adjusted operating income estimates.

The market seems happy with the results as the stock is up 20.2% since reporting. It currently trades at $148.96.

Is now the time to buy Live Nation? Access our full analysis of the earnings results here, it’s free.

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