Brief: Life Time Group Holdings Posts Qtrly EPS of $0.07

Life Time group

08/03/2023 14:12

March 8 (Reuters) - Life Time Group Holdings Inc  LTH.N :
    * QTRLY REVENUE $472.7 MILLION (NOT $427.7 MILLION) VERSUS
$360.5
MILLION
    * LIFE TIME REPORTS FOURTH QUARTER AND FULL-YEAR FISCAL 2022
FINANCIAL RESULTS
    * ENTERING 2023 WITH GREAT MOMENTUM IN OUR BUSINESS
    * SEES Q1 2023 REVENUE $505 MILLION - $510 MILLION
    * SEES Q1 2023 NET INCOME $10 MILLION - $11 MILLION
    * SEES FY 2023 REVENUE $2,200 MILLION - $2,300 MILLION
    * QTRLY EARNINGS PER SHARE $ 0.07
    * Q4 EARNINGS PER SHARE VIEW $0.05, REVENUE VIEW $472.8
MILLION --
REFINITIV IBES DATA
    * Q1 REVENUE VIEW $509.8 MILLION -- REFINITIV IBES DATA
    * FY2023 REVENUE VIEW $2.25 BILLION -- REFINITIV IBES DATA
    * LIFE TIME GROUP HOLDINGS - TARGETING CAPITAL EXPENDITURES
OF
$260 MILLION TO $280 MILLION FOR 2023
    * SEES FY 2023 ADJUSTED EBITDA $440 MILLION - $460 MILLION