Life Time Group Hldgs Q4 2023 Adj EPS $0.19 Beats $0.08 Estimate, Sales $558.83M Beat $556.73M Estimate
Portfolio Pulse from Benzinga Newsdesk
Life Time Group Holdings (LTH) reported Q4 2023 adjusted EPS of $0.19, surpassing the $0.08 estimate, with sales of $558.83M exceeding the $556.73M forecast. This represents an 18.23% increase in sales compared to the same period last year.

February 28, 2024 | 11:46 am
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Life Time Group Holdings reported a significant beat on both earnings and sales estimates for Q4 2023, with an adjusted EPS of $0.19 against an $0.08 estimate and sales of $558.83M against a $556.73M estimate.
Beating both earnings and sales estimates significantly, especially by such a large margin in EPS, is a strong positive signal to the market. This outperformance, coupled with a substantial year-over-year sales growth of 18.23%, suggests robust operational efficiency and market demand for Life Time Group's offerings. Investors typically react positively to such earnings beats, which can lead to a short-term uptick in the stock price.
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