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BUZZ-Life Time Group rises after preliminary Q4 revenue beats estimates

ReutersJan 16, 2025 12:59 PM

** Shares of fitness chain operator Life Time Group LTH.N rise 11.7% to $28 premarket

** Co says it expects Q4 rev. to be between $661 mln and $663 mln, above analyst estimates of $643.8 mln - data compiled by LSEG

** Co expects Q4 adj. EPS to be between 24 cents and 25 cents vs. analyst est. of 12 cents

** Co forecasts 2025 rev. to be between $2.9 bln and $3.0 bln vs. analyst est. of $2.9 bln

** 9 of 13 brokerages rate the stock "buy" or higher and 4 "hold"; their median PT is $29

** Company gained 51.5% in 2024

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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