Life Time Group rises after preliminary Q4 revenue beats estimates

Life Time group

16/01/2025 12:59

** Shares of fitness chain operator Life Time Group  LTH.N 
rise 11.7% to $28 premarket
    ** Co says it expects Q4 rev. to be between $661 mln and
$663 mln, above analyst estimates of $643.8 mln - data compiled
by LSEG
    ** Co expects Q4 adj. EPS to be between 24 cents and 25
cents vs. analyst est. of 12 cents
    ** Co forecasts 2025 rev. to be between $2.9 bln and $3.0
bln vs. analyst est. of $2.9 bln
    ** 9 of 13 brokerages rate the stock "buy" or higher and 4
"hold"; their median PT is $29
    ** Company gained 51.5% in 2024

 (Reporting by Kamal Choudhury in Bengaluru)
 ((Kamal.Choudhury@thomsonreuters.com;))