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Surging Earnings Estimates Signal Upside for Life Time Group Holdings (LTH) Stock
ZACKS· 2025-01-21 18:21
Investors might want to bet on Life Time Group Holdings, Inc. (LTH) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation ...
Is Life Time Group Holdings (LTH) Outperforming Other Consumer Discretionary Stocks This Year?
ZACKS· 2025-01-21 15:41
The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Life Time Group Holdings, Inc. (LTH) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Life Time Group Holdings, Inc. is one of 266 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank considers ...
Life Time Group Holdings (LTH) Soars 6.2%: Is Further Upside Left in the Stock?
ZACKS· 2025-01-17 09:41
Life Time Group Holdings, Inc. (LTH) shares ended the last trading session 6.2% higher at $26.63. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 13.7% gain over the past four weeks.Shares of Life Time jumped after the company posted better-than-expected preliminary financial results for the fourth quarter and full-year fiscal 2024. Attributes of Life Time's expanding membership base, improved retention rates, and ...
Life Time (LTH) - 2024 Q4 - Annual Results
2025-02-27 11:50
Revenue Growth - Total revenue estimated to increase 18.5% to $661-$663 million for Q4 2024 and 18.2% to $2,619-$2,621 million for the full year 2024[5][6] - FY 2025 total revenue estimated to increase 12.2% to $2,910-$2,970 million[6][7] - Comparable center revenue growth expected to be 7% to 8% in 2025[13] Net Income Growth - Net income estimated to increase 35.0% to $31-$33 million for Q4 2024 and 98.4% to $150-$152 million for the full year 2024[5][6] - FY 2025 net income estimated to increase 75.8% to $262-$269 million[6][7] - Net income for Q4 2024 is estimated to be between $31 million and $33 million, compared to $23.7 million in Q4 2023[18] Adjusted EBITDA Growth - Adjusted EBITDA estimated to increase 27.1% to $174-$176 million for Q4 2024 and 25.7% to $674-$676 million for the full year 2024[5][6] - FY 2025 Adjusted EBITDA estimated to increase 14.1% to $760-$780 million[6][7] - Adjusted EBITDA for Q4 2024 is projected to be between $174 million and $176 million, up from $137.7 million in Q4 2023[18] - Full-year 2024 Adjusted EBITDA is estimated to be between $674 million and $676 million, compared to $536.8 million in 2023[18] - Adjusted EBITDA for 2025 is forecasted to be between $760 million and $780 million[21] Membership and Center Expansion - Center memberships increased by 6.4% to 812,062 at the end of 2024 compared to 763,216 in 2023[5] - The company plans to open 10-12 new centers in 2025[13] Debt and Leverage - Net debt to Adjusted EBITDA leverage ratio estimated to be reduced to approximately 2.27 times[6] - Net Debt to Adjusted EBITDA Leverage Ratio improved to 2.27x in 2024 from 3.6x in 2023[21] - Total Debt decreased to $1,536.4 million in 2024 from $1,932.9 million in 2023[21] Expenses and Taxes - Share-based compensation expense for Q4 2024 is estimated to be between $21 million and $20 million, up from $13.1 million in Q4 2023[18] - Depreciation and amortization for Q4 2024 is projected to be between $70 million and $69 million, compared to $64.3 million in Q4 2023[18] - Interest expense, net of interest income for 2025 is expected to be between $94 million and $90 million[21] - Provision for income taxes for 2025 is estimated to be between $97 million and $100 million[21]
Life Time Reports Preliminary Estimated Fourth Quarter and Full-Year 2024 Financial Results and Introduces Select Fiscal 2025 Guidance
Prnewswire· 2025-01-16 11:45
Total revenue estimated to increase 18.5% to $661-$663 million for the fourth quarter and 18.2% to $2,619-$2,621 million for the year* Net income estimated to increase 35.0% to $31-$33 million for the fourth quarter and 98.4% to $150-$152 million for the year* Diluted EPS estimated to increase to $0.14-$0.15 for the fourth quarter and $0.71-$0.72 for the year Adjusted net income estimated to increase 42.1% to $52-$56 million for the fourth quarter and 49.6% to $192-$196 million for the year* Adjusted EBITD ...
Life Time to Report Preliminary Estimated Fourth Quarter and Full-Year 2024 Financial Results and Introduce Select Fiscal 2025 Guidance on January 16, 2025
Prnewswire· 2025-01-15 22:17
Life Time to Report Fourth Quarter and Full-Year 2024 Financial Results on February 27, 2025 CHANHASSEN, Minn., Jan. 15, 2025 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) today announced that its preliminary estimated financial results for the fourth quarter and full-year 2024, and its select guidance for fiscal 2025, will be released before market open on Thursday, January 16, 2025. The Company intends to announce its preliminary estimated fourth quarter and yea ...
Lithium Ionic Reports 32% Growth in Updated Mineral Resource Estimate at Baixa Grande - Salinas, Minas Gerais, Brazil
Globenewswire· 2025-01-14 12:00
Core Insights - Lithium Ionic Corp. has announced an updated NI 43-101 Mineral Resource Estimate (MRE) for the Baixa Grande Project, highlighting the expertise of its exploration team and the strategic potential of the deposit [1][3][4] - The Baixa Grande Project has become a key growth asset for the company, with nearly 20 million tonnes (Mt) of mineral resources, solidifying its position as a leading lithium company in Brazil [4][6] Mineral Resource Estimate Highlights - The updated MRE includes 6.52 Mt in the Measured and Indicated (M&I) category and an additional 12.90 Mt in the Inferred category, reflecting increases of 11.3% and 45% respectively since the maiden MRE announced in April 2024 [6][8] - The total MRE has grown by 32% due to 35,734 meters of drilling across 167 diamond drill holes, showcasing the effectiveness of the exploration approach [6][8] - The MRE indicates a grade of 1.11% Li₂O for the M&I category, containing 179,580 tonnes of Lithium Carbonate Equivalent (LCE), and 0.97% Li₂O for the Inferred category, containing 280,730 tonnes of LCE [8][11] Strategic Context - The Baixa Grande Project is part of the Salinas group of properties acquired in March 2023, located in a region known for its spodumene-bearing pegmatites [4][5] - The project is situated approximately 100 kilometers north of the Bandeira development project, which remains a near-term focus for the company [4][3] - The acquisition of Latin Resources by Pilbara Minerals, which includes the Colina deposit located west of Baixa Grande, underscores the competitive nature of Brazil's lithium deposits [5][6] Future Potential - Exploration efforts have established a strong foundation for future development, with the deposit remaining open at depth and along strike, indicating significant potential for further resource growth [10][21] - Additional drilling is planned to confirm the high potential for spodumene mineralization at the Noé target, which has shown promising initial results [9][10]
Lithium Ionic: 2024 Year-in-Review, Setting Stage for a Pivotal 2025
Globenewswire· 2025-01-08 12:00
Core Viewpoint - Lithium Ionic Corp. has achieved significant milestones in 2024, positioning itself for a transformative 2025 with the Bandeira Lithium Project set to transition to construction [1] Group 1: Key Developments in 2024 - The Bandeira Lithium Project's mineral resources increased by 161% to 41.9 million tonnes grading 1.35% Li₂O, making it the fastest growing hard rock lithium deposit in the Americas [6][8] - A Feasibility Study was delivered, outlining a 14-year mine life with an average production of 178,000 tonnes of 5.5% Li₂O spodumene concentrate annually, a low CAPEX of US$266 million, a post-tax NPV of US$1.3 billion, and an IRR of 40% [9] - The company drilled 8,200 meters in 2024, with results to be incorporated into an updated mineral resource estimate expected in early 2025 [6][15] Group 2: Project Financing and Development - A non-binding Letter of Interest for up to US$266 million was secured from the Export-Import Bank of the United States, establishing a clear pathway for full project financing [6][12] - A non-dilutive US$20 million royalty financing was secured to support the balance sheet and early development activities into 2025 [6] - The company is on the verge of obtaining the Licença Ambiental Concomitante (LAC) license, which will authorize construction to begin [13] Group 3: Strategic Land Acquisitions - The company acquired the remaining 15% of Salinas properties, achieving full 100% ownership [6] - Approximately 3,000 hectares were added through an option agreement for additional claims in the Itinga group, increasing total land holdings to approximately 17,000 hectares [6] Group 4: Sustainability and ESG Initiatives - The company joined the United Nations Global Compact and became a member of the International Lithium Association, reinforcing its commitment to responsible development [6] - Advanced community and environmental initiatives included the planting of over 2,000 native seedlings [7]
2025 Wellness Survey: Sauna Tops Recovery Practices People Want to Try; Building Muscle Remains Top New Year's Fitness Goal in Annual Life Time Poll
Prnewswire· 2024-12-30 15:33
When asked about GLP-1 drugs, more than 60% believe the medications can improve overall healthCHANHASSEN, Minn., Dec. 30, 2024 /PRNewswire/ -- As 2025 approaches, Life Time (NYSE: LTH) has released results from its annual health and wellness survey. More than 1,350 people participated, shedding light on 2025 goal setting and wellness trends for the New Year.Notable findings include: As 2025 approaches, Life Time has released results from its annual health and wellness survey. More than 1,350 people part ...
Life Time Celebrates End of 2024 with Opening of Its Rosemount Athletic Country Club in Minnesota on December 27th
Prnewswire· 2024-12-27 15:31
Company opened seven new destinations across six different states; Partnership with City of Rosemount brings seven pickleball courts, recovery amenities, cold plunge pools and moreROSEMOUNT, Minn., Dec. 27, 2024 /PRNewswire/ -- Life Time (NYSE: LTH) today announced the Dec. 27 opening of its final athletic country club of 2024, Life Time Rosemount. The new destination marks a unique public-private partnership with the City of Rosemount and demonstrates the variety of ways the company continues to serve comm ...