Life Time Group Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

Life Time group

24/10/2024 17:25

* Life Time Group Holdings Inc  LTH.N  reported quarterly
adjusted
earnings of 21 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 6 cents.  The mean expectation of
twelve analysts for the quarter was for earnings of 20 cents per
share. Wall Street expected results to range from 17 cents to 27
cents per share.
    * Revenue rose 18.5% to $693.23 million from a year ago;
analysts
expected $681.35 million. 
    * Life Time Group Holdings Inc's reported EPS for the
quarter was
19 cents​.
    * The company reported quarterly net income of $41.36
million.
    * Life Time Group Holdings Inc shares had risen by 3.7% this
quarter and gained 67.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 24.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the leisure &
recreation peer group is also "buy"

Wall Street's median 12-month price target for Life Time Group
Holdings Inc is 29.00 
This summary was machine generated from LSEG data October 24 at
04:25 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.20           0.21           Beat
 Jun. 30 2024      0.15           0.26           Beat
 Mar. 31 2024      0.13           0.12           Missed
 Dec. 31 2023      0.08           0.12           Beat