Life Time Group Holdings Inc LTH.N reported quarterly adjusted earnings of 26 cents per share for the quarter ended June 30, identical to the same quarter last year. The mean expectation of ten analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from 29 cents to 35 cents per share.
Revenue rose 14% to $761.47 million from a year ago; analysts expected $752.20 million.
Life Time Group Holdings Inc's reported EPS for the quarter was 32 cents.
The company reported quarterly net income of $72.1 million.
Life Time Group Holdings Inc shares had fallen by 5.7% this quarter and gained 29.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.7% 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 9 "strong buy" or "buy," 2 "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 $38.15, about 25% above its last closing price of $28.59
This summary was machine generated from LSEG data August 5 at 01:31 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)