Overview

* Life Time fiscal Q3 revenue grows 12.9%, beating analyst expectations

* Adjusted EBITDA for fiscal Q3 beats consensus, indicating strong operational performance

* Company raises 2025 outlook, signaling confidence in continued growth

Outlook

* Life Time raises full-year 2025 revenue guidance to $2.978 bln - $2.988 bln

* Company expects net income for 2025 between $304 mln and $306 mln

* Life Time plans to open 10 new centers in 2025

Result Drivers

* MEMBERSHIP GROWTH - Revenue growth driven by increased membership dues and in-center revenue, with higher average dues and member engagement

* TAX CREDITS AND GAINS - Net income boosted by tax-effected net cash proceeds from employee retention credits and gains from sale-leaseback transactions

* OPERATING EXPENSES - Center operations expenses rose due to costs related to new and ramping centers and increased club utilization

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $782.60 $771.76

Revenue mln mln (10

Analysts

)

Q3 Net $102.40

Income mln

Q3 Beat $220 mln $203.74

Adjusted mln (10

EBITDA Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the leisure & recreation peer group is "buy"

* Wall Street's median 12-month price target for Life Time Group Holdings Inc ( LTH ) is $40.00, about 37.8% above its November 3 closing price of $24.87

* The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)