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Life Time Group Holdings Inc (NYSE: LTH) |
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Price: $31.1600
$0.41 
1.333%
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| Day's High:
| $31.388
| Week Perf:
| -0.72 %
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| Day's Low: |
$ 30.45 |
30 Day Perf: |
-4.03 % |
| Volume (M): |
1,468 |
52 Wk High: |
$ 33.64 |
| Volume (M$): |
$ 45,755 |
52 Wk Avg: |
$23.98 |
| Open: |
$30.75 |
52 Wk Low: |
$12.34 |
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| Market Capitalization (Millions $) |
6,579 |
| Shares
Outstanding (Millions) |
211 |
| Employees |
37,000 |
| Revenues (TTM) (Millions $) |
2,621 |
| Net Income (TTM) (Millions $) |
156 |
| Cash Flow (TTM) (Millions $) |
-2 |
| Capital Exp. (TTM) (Millions $) |
525 |
Life Time Group Holdings Inc
Life Time is a prominent lifestyle brand that provides a community with superior health, fitness, and wellness activities. Since its inception about 30 years ago, we have strived to provide our members with the greatest facilities, activities, and performances in order to help them live healthy and happy lives. We provide high-quality experiences through our omni-channel physical and digital ecosystem, which spans 29 states in the United States and one province in Canada and comprises more than 150 unique, resort-style sporting venues.
Our opulent sporting complexes, which are spread across both rich suburban and metropolitan areas, encompass more than 15 million square feet. Large workout floors with top-of-the-line equipment, spacious locker rooms, group fitness studios, indoor and outdoor pools and bistros, indoor and outdoor tennis courts, basketball courts, LifeSpa, LifeCaf', and our daycare and Kids Academy learning facilities are all available.
In pursuit of a healthy way of life, weve developed a strong foundation with an active membership base. Expanding the number of our premium centers in an asset-light model that targets higher income members, higher average annual revenue per center membership, and higher returns on invested capital are among the strategies we are implementing to grow our business and drive memberships and revenue per center membership. Were also adopting new tactics to improve member experiences, such as launching new membership categories, delivering concierge-style member services, increasing our omni-channel offerings, and upgrading our in-center services.
We think we will continue to grow our membership base as consumer activity resumes post-pandemic, and by improving member experiences and brand awareness, we will be able to attract new customers and keep current ones for longer. The following initiatives are expected to expand our consumer base:
Personalized experiences are the focus of data-driven, targeted marketing initiatives. Increase personalized experiences, brand exposure, and membership growth through targeted marketing initiatives powered by data analytics, as well as consumer-focused marketing aimed at improving customers health post-pandemic.
Extend and improve your service offerings. Expand and improve our service offerings to attract and maintain members of all ages, including longer daycare hours for children, additional studio programs, and pickleball for the elderly. We think that extending and improving our existing membership offerings with complementary or fee-based services and benefits will continue to drive broader appeal, higher memberships and longer member retention.
Company Address: 2902 Corporate Place Chanhassen 55317 MN
Company Phone Number: 947-0000 Stock Exchange / Ticker: NYSE LTH
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| Stock Performances by Major Competitors |
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| Life Time Group Holdings Inc
Life Time Group Holdings Inc, a prominent player in the Hotels & Tourism sector, experienced a deterioration in earnings in the wake of a significant increase in revenue during the first quarter of 2024. While the company's revenue soared by 16.808%, surpassing the industry peers, its income plunged by 14.29% to $0.12 per share. This article explores Life Time Group Holdings Inc's financial performance, shedding light on its market and stock performance in the process.
Financial Performance Overview
During the January to March 31, 2024 reporting season, Life Time Group Holdings Inc witnessed a substantial rise in revenue to $596.72 million, representing an increase of 16.808% compared to the previous year. However, income per share experienced a decline of 14.29%, reaching $0.12 per share.
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| Life Time Group Holdings Inc
Life Time Group Holdings Inc, a leading Hotels & Tourism company, recently announced its fourth-quarter earnings for the year 2023, showcasing impressive financial results. The company reported a revenue of $558.83 million, marking an 18.233% increase year on year. However, there was a slight decrease of -4.502% quarter on quarter. Despite this, the company's income per share saw a significant increase of 99.64% to $0.11, and sequentially, EPS improved by 182%.
Compared to its sector peers, Life Time Group Holdings Inc has outperformed in terms of revenue growth. The Hotels & Tourism sector as a whole reported a 6.39% increase in revenue during the same period. The company's bottom line also saw positive growth, with net earnings of $23.684 million in the most recent fiscal period, reflecting a 72.55% increase from the previous year's earnings of $13.726 million.
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| Life Time Group Holdings Inc
Life Time Group Holdings Inc (LTHs) experienced a decrease in income despite an increase in revenue during the fiscal period that ended on September 30, 2023. The net profit per share plummeted by 66.67% to $0.04 per share. However, there was a considerable increase in revenue by 17.889% to $585.18 million compared to the same quarter the previous year.
To evaluate LTHs' performance in the third quarter of 2023, it is important to compare it with other companies in the Hotels & Tourism industries. Interestingly, LTHs fell short in comparison as its contemporaries reported a business growth of 43.63% relative to the same period a year ago. Additionally, net profit per share dropped by 50% from the previous quarter ($0.08 per share), while revenue saw a 4.174% surge from $561.73 million.
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| Life Time Group Holdings Inc
In a remarkable turn of events, Life Time Group Holdings Inc (LTH) has achieved profitability due to a notable rise in revenue. The company experienced a revenue growth of 21.78% to $561.73 million, resulting in earnings per share of $0.08, compared to $-0.01 in the same period the previous year.
To fully understand LTH's impressive performance in the second quarter of 2023, investors should examine the Hotels & Tourism sectors. While LTH fell short of its contemporaries, who reported a revenue rise of 48.93% from the second quarter of 2022, it still made significant progress. Sequentially, LTH's profit declined by -42.86% from $0.14 per share, while revenue increased by 9.96% from $510.85 million.
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| Life Time Group Holdings Inc
Life Time Group Holdings Inc, a Hotels & Tourism company, recently reported positive earnings for the first quarter of 2023.
The company's bottom-line turned positive by $0.14 per share, up from $-0.20 a year before, and the EPS grew rapidly by 147.78% from $0.06 per share from the previous reporting season.
The revenue also saw a significant increase, jumping by 30.235% to $510.85 million from $392.25 million in the same reporting season a year before.
This improvement in earnings is a positive sign for the company, especially compared to the net loss of $-37.966 million in the same reporting season a year ago.
Life Time Group Holdings Inc also emphasized its improving profit margins, with net margin rising to 5.38% and operating margin edging up to 13.19%.
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| Per Share |
Current |
| Earnings (TTM) |
0.73 $ |
| Revenues (TTM) |
12.41 $
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| Cash Flow (TTM) |
- |
| Cash |
0.05 $
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| Book Value |
12.36 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
0.73 $
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| Revenues (TTM) |
12.41 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.05 $
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| Book Value |
12.36 $ |
| Dividend (TTM) |
0 $ |
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8.14%