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Life Time Fitness Inc Narrows FY 2013 Earnings Guidance To A Range In Line With Analysts' Estimates; Lowers High End Of Prior FY 2013 Revenue Guidance To A Range Below Analysts' Estimates


Thursday, 24 Oct 2013 08:00am EDT 

Life Time Fitness Inc announced that for fiscal 2013, it expects revenue to be up 7-7.5%, or $1.205 billion -1.210 billion (updated from $1.205 billion -1.220 billion), driven primarily by price and mix optimization, square foot expansion, and growth in in-center and ancillary business revenue, Net income to be up 9-10%, or $121.5 million -122.5 million (updated from $121.0 million -124.0 million), driven by revenue growth and cost efficiencies, Diluted earnings per common share (EPS) to be $2.91- $2.93 (updated from $2.89 - $2.95). According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $1.213 billion, net income of $122.1 million and EPS of $2.93 for fiscal 2013. 

Company Quote

55.77
0.84 +1.53%
4:05pm EDT