Life Time Shares Bounce With Brighter Outlook

Dow Jones11-05
 

By Emon Reiser

 

Shares for Life Time Group Holdings ticked up after the health club chain again raised its full-year outlook after its total visits, comparable center revenue and average monthly dues grew in the third quarter.

The stock rose 4.3% to $25.95 a share. Shares are up 16% year to date.

The company on Tuesday moved its full-year revenue guidance to a range of $2.98 billion to $2.99 billion, compared with previous guidance of $2.96 billion and $2.99 billion. Income for the full year is expected between $304 million and $306 million, up from previous guidance between $290 million and $293 million.

Life Time reported a profit of $102.4 million, or 45 cents a share for the quarter ended Sept. 30, compared with $41.4 million, or 19 cents a share.

Stripping out one-time items, earnings per share were 41 cents for the third quarter. Analysts polled by FactSet expected 34 cents.

Third-quarter revenue rose 13% to $782.6 million. Analysts expected $771.7 million.

Year over year, average monthly dues grew 10% to $218 and its total visits grew 7%.

"Given the high club utilization, we expect to further manage our membership mix to continue increasing revenue per center membership and anticipate an additional seasonal decline in membership units in the fourth quarter," executives said during a call with analysts.

 

Write to Emon Reiser at emon.reiser@wsj.com

 

(END) Dow Jones Newswires

November 04, 2025 12:52 ET (17:52 GMT)

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