Life Time Group Hldgs Q2 2024 Adj. EPS $0.25 Beats $0.15 Estimate, Sales $667.761M Beat $634.925M Estimate
Portfolio Pulse from Benzinga Newsdesk
Life Time Group Holdings (NYSE:LTH) reported Q2 2024 adjusted EPS of $0.25, beating the estimate of $0.15 by 66.67%. Sales were $667.761M, surpassing the $634.925M estimate and showing an 18.88% increase from the same period last year.
August 01, 2024 | 10:47 am
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POSITIVE IMPACT
Life Time Group Holdings (NYSE:LTH) reported strong Q2 2024 results with EPS of $0.25 beating estimates by 66.67% and sales of $667.761M exceeding expectations by 5.17%. This performance also marks an 18.88% increase in sales compared to the same period last year.
The significant beat on both EPS and sales estimates, along with a notable year-over-year sales increase, is likely to positively impact LTH's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100