Life Time Group Hldgs Q3 Adj EPS $0.13 Beats $0.12 Estimate, Sales $585.20M Miss $587.03M Estimate
Portfolio Pulse from Benzinga Newsdesk
Life Time Group Hldgs (NYSE:LTH) reported Q3 adjusted earnings of $0.13 per share, beating the analyst consensus estimate of $0.12 by 8.33%. However, the company's quarterly sales of $585.20 million missed the analyst consensus estimate of $587.03 million by 0.31%. This represents a 17.89% increase in sales compared to the same period last year.
October 25, 2023 | 10:51 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Life Time Group Hldgs reported better than expected Q3 earnings but missed on sales estimates. This mixed report may lead to uncertain short-term price movements.
The company's earnings beat could be a positive signal to investors, potentially driving the stock price up. However, the missed sales estimate could counteract this effect, leading to uncertainty in the stock's short-term price direction.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100