Life Time (LTH)
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Life Time (LTH) - 2024 Q3 - Quarterly Report
2024-10-28 20:20
Table of Contents Title of Each Class Trading Symbol Name of Each Exchange on Which Registered Common stock, par value $0.01 per share LTH The New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition ...
Life Time (LTH) - 2024 Q3 - Earnings Call Transcript
2024-10-24 18:57
Life Time Group Holdings, Inc. (NYSE:LTH) Q3 2024 Results Conference Call October 24, 2024 10:00 AM ET Company Participants Ken Cooper - Investor Relations Bahram Akradi - Founder, Chairman and CEO Erik Weaver - SVP, Interim CFO and CAO Conference Call Participants Brian Nagel - Oppenheimer John Heinbockel - Guggenheim Securities Megan Alexander - Morgan Stanley Chris Woronka - Deutsche Bank Michael Hirsch - Wells Fargo Alex Perry - Bank of America Alex Fuhrman - Craig-Hallum Owen Rickert - Rockland Capital ...
What Makes Life Time Group Holdings (LTH) a New Strong Buy Stock
ZACKS· 2024-10-24 17:02
Life Time Group Holdings, Inc. (LTH) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by ...
Life Time Group Holdings, Inc. (LTH) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-24 12:55
Life Time Group Holdings, Inc. (LTH) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 23.81%. A quarter ago, it was expected that this company would post earnings of $0.16 per share when it actually produced earnings of $0.25, delivering a surprise of 56.25%.Over the last four quarters ...
Life Time (LTH) - 2024 Q3 - Quarterly Results
2024-10-24 10:48
Exhibit 99.1 ** LIFE TIME FOR IMMEDIATE RELEASE Life Time Reports Third Quarter 2024 Financial Results • Total revenue of $693.2 million, an increase of 18.5% over the prior year quarter • Net income of $41.4 million, an increase of 422.5% over the prior year quarter • Adjusted net income of $56.3 million, an increase of 110.9% over the prior year quarter • Adjusted EBITDA of $180.3 million, an increase of 26.1% over the prior year quarter • Diluted EPS increased to $0.19 from $0.04 in the prior year quarte ...
Life Time Announces Pricing of Upsized Private Offering of $500 Million of Senior Secured Notes Due 2031
Prnewswire· 2024-10-23 11:32
CHANHASSEN, Minn., Oct. 23, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. (NYSE: LTH) ("Life Time" or the "Company") announced today that its indirect subsidiary, Life Time, Inc. (the "Issuer"), priced its previously announced private offering (the "Offering") of $500 million in aggregate principal amount of 6.000% senior secured notes due 2031 (the "Notes"). The Offering was upsized from $400 million to $500 million in aggregate principal amount. The Notes will pay interest on a semi-annual basis. Th ...
LTH vs. PACS: Which Stock Is the Better Value Option?
ZACKS· 2024-10-18 16:45
Investors with an interest in Medical Services stocks have likely encountered both Life Time Group Holdings, Inc. (LTH) and PACS Group, Inc. (PACS) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks ...
Life Time Expands Relationship with National Academy of Sports Medicine to Support Rapid Growth in Personal Training and Group Coaching
Prnewswire· 2024-10-17 12:00
CHANHASSEN, Minn., Oct. 17, 2024 /PRNewswire/ -- Life Time (NYSE: LTH) today announced the renewal of its long-standing alliance with the National Academy of Sports Medicine (NASM), continuing its commitment to professional development opportunities for its dynamic personal trainers, stretch specialists and group fitness instructors. Life Time is currently one of the largest employers in the training and group fitness space with more than 3,500 personal trainers, stretch specialists and Pilates instructors, ...
Life Time Reports Preliminary Estimated Third Quarter 2024 Financial Results; Launches Process to Refinance its Existing Notes
Prnewswire· 2024-10-15 12:02
Total revenue estimated to be $693.2 million, an increase of 18.5% over the prior year quarter Net income estimated to be $41.4 million, an increase of 422.5% over the prior year quarter Adjusted net income estimated to be $56.3 million, an increase of 110.9% over the prior year quarter Adjusted EBITDA estimated to be $180.3 million, an increase of 26.1% over the prior year quarter Reduced net debt leverage ratio to an estimated 2.4 times Expected to deliver second consecutive quarter of positive free cash ...
Life Time Celebrates World Pickleball Day on October 10th Surpassing 750 Pickleball Courts and Continued Explosive Growth
Prnewswire· 2024-10-10 11:15
CHANHASSEN, Minn., Oct. 10, 2024 /PRNewswire/ -- As pickleball continues its meteoric rise as the fastestgrowing sport in America, Life Time (NYSE: LTH) is marking World Pickleball Day on October 10 by surpassing more than 750 permanent courts built at its athletic country clubs across North America, with hundreds more planned and under development. From the picturesque courts at Life Time Rancho San Clemente, Calif. (pictured) to the new pickleballfocused destination in Chanhassen, Minn. featuring indoor a ...