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Stock impact report

Life Time Group expects to report Q3 revenue of $693.2M [Seeking Alpha]

Life Time Group Holdings, Inc. (LTH) 
Company Research Source: Seeking Alpha
results for the fiscal third quarter, and said its total revenue is estimated to be $693.2M, an increase of 18.5% over the prior year quarter. Net income is estimated to be $41.4M, an increase of 422.5% over the prior year quarter. Adjusted net income is estimated to be $56.3M, an increase of 110.9%. Adjusted EBITDA for the quarter is estimated to be $180.3M, an increase of 26.1% over the prior year quarter. The company also launched a process to refinance its 5.750% Senior Secured Notes due 2026 and 8.000% Senior Notes due 2026. Life Time Group Holdings ( LTH ) shares were up more than 4% in pre-market trading on Tuesday. More on Life Time Group Life Time Group Holdings: Undervalued, And With Tailwinds Ahead Life Time Group Holdings, Inc. (LTH) Q2 2024 Earnings Call Transcript Analysts highlight Hurricane Milton's potential impact on leisure companies, airlines Life Time Group prices secondary offering at $21.75 per share Seeking Alpha's Quant Rating on Life Time Show less Read more
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