Life Time Group set for best day on surprise Q3 profit

Life Time group

09/11/2022 16:03

** Shares of lifestyle co Life Time Group Holdings Inc
 LTH.N  surge as much as 23.3% to $12.1, set for highest ever
daily pct jump
    ** Co reports an adj Q3 profit of $0.12/shr; analysts on
average expected the company to report a loss of $0.09/shr -
Refinitiv  urn:newsml:reuters.com:*:nL8N3256RU
    ** LTH announces plans to open 11 new centers in 2023
 urn:newsml:reuters.com:*:nPnbDtRVda
    ** Six of 10 brokerages rate the stock "buy" or higher,
three "hold" and one "sell"; their median PT is $17.5 -
Refinitiv
    ** Including session's gains, stock down 33.8% YTD
 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))