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Earnings Estimates Moving Higher for Life Time Group Holdings (LTH): Time to Buy?
Life Time Life Time (US:LTH) ZACKSยท2024-08-09 17:21

Core Insights - Life Time Group Holdings, Inc. (LTH) shows a significant improvement in earnings outlook, making it an attractive investment option [1] - Analysts are increasingly optimistic about the company's earnings prospects, as reflected in the upward trend of earnings estimate revisions [2] - The Zacks Rank system indicates that LTH is currently rated as Zacks Rank 2 (Buy), suggesting strong potential for outperformance [6] Current-Quarter Estimate Revisions - The expected earnings per share for the current quarter is $0.18, representing a year-over-year increase of +38.46% [4] - The Zacks Consensus Estimate for the current quarter has risen by 8.11% over the last 30 days, with three estimates increasing and no negative revisions [4] Current-Year Estimate Revisions - For the full year, the expected earnings per share is $0.74, indicating a +100% change from the previous year [5] - The consensus estimate for the current year has increased by 22.46%, with four estimates moving higher and no negative revisions [5] Performance and Market Sentiment - Life Time Group Holdings shares have appreciated by 25% over the past four weeks, indicating strong investor confidence in the company's earnings growth prospects [7]