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.
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