Key Developments: Life Time Fitness Inc (LTM)
49.81USD
17 May 2013
$0.20 (+0.40%)
$49.61
$49.97
$50.02
$49.65
279,923
475,815
$52.43
$39.10
Latest Key Developments (Source: Significant Developments)
Life Time Fitness Inc Raises Low End Of Prior FY 2013 Guidance To A Range In Line With Analysts' Estimates
Life Time Fitness Inc announced that for fiscal 2013, it expects revenue to be up 7%-8% or $1.205-$1.220 billion, Net income to be up 8.5%-11%, or $121.0-$124.0 million, driven by revenue growth and cost efficiencies. Diluted earnings per common share (EPS) is expected to be $2.87-$2.95. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $1.21 billion, net income of $122 million and EPS of $2.89 for fiscal 2013. Full Article
Life Time Fitness Inc Issues FY 2013 Guidance Above Analysts' Estimates
Life Time Fitness Inc announced that for fiscal 2013, it expects revenue to be up 6.5%-8% or $1.200-$1.220 billion, Net income to be up 8%-11%, or $120.0-$124.0 million, driven by revenue growth and cost efficiencies. Diluted earnings per common share (EPS) is expected to be $2.85-$2.95. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $1.12 billion, net income of $112 million and EPS of $2.66 for fiscal 2013. Full Article
Life Time Fitness Inc Issues Q4 2012 Guidance Below Analysts' Estimates; Lowers FY 2012 Guidance
Life Time Fitness Inc announced that for the fourth quarter of 2012, it expects revenue in the range of $273.0-275.0 million, net income of $22.0-23.5 million and diluted earnings per share (EPS) of $0.53-0.56. For fiscal 2012, it expects revenue of $1.125-1.127 billion, net income of $110.0-111.5 million and diluted earnings per share of $2.63-2.66. The Company previously provided guidance of $1.127-1.137 billion in revenue, net income of $114.5-116.0 million and diluted earnings per share of $2.73-2.76 for 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $279.0 million, net income of $27.6 million and EPS of $0.66 for the fourth quarter of 2012; revenue of $1.131 billion, net income of $115.7 million and EPS of $2.77 for fiscal 2012. Full Article
Life Time Fitness Inc Raises Low End Of Prior FY 2012 Revenue, Net Income And EPS Guidance To A Range In Line With Analysts' Estimates
Life Time Fitness Inc announced that for fiscal 2012, it expects revenue to be up 11-12%, or $1.127-1.137 billion (from $1.122-1.137 billion), driven primarily by price and mix optimization, square footage expansion, and growth in in-center and ancillary business revenue, net income to be up 24-25%, or $114.5-116.0 million (from $113.0-116.0 million), driven by revenue growth and cost efficiencies. The Company included $1.6 million (after tax) of anticipated performance share-based compensation expense in this net income guidance. Diluted earnings per common share (EPS) is expected to be $2.73-2.76 (from $2.70-2.76), which includes $0.04 impact of anticipated performance share-based compensation expense. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $1.132 billion, net income of $115.3 million and EPS of $2.76 for fiscal 2012. Full Article
MGC Diagnostics Corp Completes Sale Of New Leaf Business Assets To Life Time Fitness, Inc
MGC Diagnostics Corp announced it has sold the assets of its New Leaf business to Life Time Fitness, Inc. effective August 28, 2012. Under the transaction, Life Time paid MGC Diagnostics $1.0 million at closing, and will pay an additional $235,000 over the next 18 months. Full Article
Life Time Fitness Inc Raises Low End Of Prior FY 2012 Revenue, Net Income Guidance; Raises FY 2012 EPS Guidance
Life Time Fitness Inc updated fiscal 2012 outlook and expects revenue to be up 11%-12%, or $1.122-1.137 billion (up from 10%-12%, or $1.110-1.135 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 22%-25%, or $113.0-116.0 million (up from 21%-25%, or $112.0-115.5 million), driven by revenue growth and cost efficiencies. The Company included $1.6 million (after tax) of anticipated performance share-based compensation expense in this net income guidance. Diluted earnings per common share (EPS) is expected to be $2.70-2.76 (up from $2.65-2.73), which includes $0.04 impact of anticipated performance share-based compensation expense for fiscal 2012. Full Article
Life Time Fitness Inc Comments On FY 2012 Revenue Guidance-Conference Call
Life Time Fitness Inc announced that for fiscal 2012, it expects to be at least in the low double-digit revenue growth in 2012 in the foreseeable future beyond that. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $1.130 billion for fiscal 2012. Full Article
Life Time Fitness Inc Reaffirms FY 2012 Revenue Guidance; Raises Low End of Prior FY 2012 Net Income Guidance To A Range In Line With Analysts' Estimates; Raises FY 2012 EPS Guidance
Life Time Fitness Inc announced that for fiscal 2012, it expects revenue to be up 10%-12%, or $1.110-1.135 billion, net income to be up 21%-25%, or $112.0-115.5 million (up from 18%-24%, or $110.0-115.0 million). The Company included $1.6 million (after tax) of anticipated performance share-based compensation expense in this net income guidance, and diluted earnings per common share is expected to be $2.65-$2.73 (up from $2.60-2.72), which includes $0.04 impact of anticipated performance share-based compensation expense. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $1.134 billion, net income of $113.9 for fiscal 2012. Full Article
Life Time Fitness Inc Issues FY 2012 Guidance; Revenue And EPS Guidance Below Analysts' Estimates
Life Time Fitness Inc announced that for fiscal 2012, it expects revenue to be up 10%-12%, or $1.110-$1.135 billion, driven primarily by growth in in-center revenue and corporate businesses, as well as membership growth in new and ramping centers. Net income is expected to be up 18%-24%, or $110.0-$115.0 million, driven by revenue growth and cost efficiencies. The Company included $1.6 million (after tax) of anticipated performance share-based compensation expense in this net income guidance. Diluted earnings per common share is expected to be $2.60-$2.72. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $1.114 billion, EPS of $2.73 and net income of $113.7 million for fiscal 2012. Full Article
Life Time Fitness Inc Acquires Atlanta Based Racquet Club Of South
Life Time Fitness Inc announced that it has acquired Atlanta, Georgia-based Racquet Club of the South (RCS). Terms of the transaction were not disclosed. Full Article
BRIEF-Life Time Fitness drops in premarket after outlook
NEW YORK, Feb 1 - Life Time Fitness Inc : * Drops 15.6 percent to $42.80 in premarket after outlook
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