financetom
Business
financetom
/
Business
/
Life Time Group Q3 Earnings, Revenue Advance; 2024 Guidance Updated
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Life Time Group Q3 Earnings, Revenue Advance; 2024 Guidance Updated
Nov 2, 2024 4:21 PM

08:00 AM EDT, 10/24/2024 (MT Newswires) -- Life Time Group Holdings ( LTH ) reported Q3 earnings Thursday of $0.19 per diluted share, up from $0.04 a year earlier.

Analysts polled by Capital IQ expected $0.21.

Revenue for the quarter ended Sept. 30 was $693.2 million, up from $585.2 million a year earlier.

That result matched the average estimate of analysts surveyed by Capital IQ.

The health and wellness club network said it now expects fiscal 2024 net income of $138 million to $140 million on revenue of $2.60 billion to $2.61 billion. That compares with its previous outlook of net income of $142 million to $148 million and revenue of $2.56 billion to $2.59 billion.

Analysts polled by Capital IQ expect net income of $150.1 million and revenue of $2.59 billion.

Life Time shares were down more than 2% in recent Thursday premarket activity.

Price: 24.78, Change: -0.54, Percent Change: -2.13

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: UBS Facing Higher Capital Requirement Under Swiss Bank Reform
Market Chatter: UBS Facing Higher Capital Requirement Under Swiss Bank Reform
Apr 10, 2024
08:20 AM EDT, 04/10/2024 (MT Newswires) -- UBS AG (UBS) is facing much higher regulatory capital requirements under reforms recommended by the Swiss government in the wake of the collapse of Credit Suisse, Bloomberg reported Wednesday. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor...
Amerigo Resources Says Q1 Copper Output from Minera Valle Central Edged Down but Tops Guidance
Amerigo Resources Says Q1 Copper Output from Minera Valle Central Edged Down but Tops Guidance
Apr 10, 2024
08:23 AM EDT, 04/10/2024 (MT Newswires) -- Amerigo Resources ( ARREF ) on Wednesday said first-quarter copper production from its Minera Valle Central mine in Chile fell 3.2% but topped guidance. The company said the mine produced 16-million pounds of copper in the period, down from 16.52-million pounds in the year-prior quarter. Cash costs per pound rose 2.6% to US$1.96,...
Factbox-Swiss plans to make banks safer after Credit Suisse collapse
Factbox-Swiss plans to make banks safer after Credit Suisse collapse
Apr 10, 2024
BERN (Reuters) - Switzerland put forward on Wednesday proposals for UBS and three other systemically relevant banks aimed at protecting the country from a repeat of last year's Credit Suisse collapse. The government's 209-page report outlines 22 measures designed to strengthen current regulations for banks known as too big to fail (TBTF), after gaps were found in the existing rules...
UBS to face tougher rules in Swiss response to Credit Suisse rescue
UBS to face tougher rules in Swiss response to Credit Suisse rescue
Apr 10, 2024
BERN (Reuters) -Switzerland's government said on Wednesday that UBS and three other systemically relevant banks must face tougher capital requirements to shield the country's wider economy, a year after the rescue of Credit Suisse. In 209 pages of recommendations on how to police banks deemed too big to fail (TBTF), the Swiss government pitched 22 measures for direct implementation. It...
Copyright 2023-2026 - www.financetom.com All Rights Reserved