Life Time Group Hldgs Q2 EPS $0.08 Misses $0.10 Estimate, Sales $561.73M Beat $556.34M Estimate
Portfolio Pulse from Benzinga Newsdesk
Life Time Group Hldgs (NYSE:LTH) reported Q2 earnings of $0.08 per share, missing the analyst consensus estimate of $0.10 by 20%. However, the company's quarterly sales of $561.73 million beat the estimate of $556.34 million by 0.97%. This represents a 300% increase in earnings and a 21.78% increase in sales compared to the same period last year.
July 25, 2023 | 10:56 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Life Time Group's Q2 earnings missed estimates but sales exceeded expectations. This mixed result could lead to uncertain short-term price movements.
Life Time Group's earnings miss could negatively impact the stock price, while the sales beat could provide some upward pressure. The net effect on the stock price is uncertain in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100