Life Time Fitness Earnings: Here’s Why the Stock is Rising Now

Life Time Fitness Inc. (NYSE:LTM) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 10%.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Life Time Fitness Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 8.06% to $0.67 in the quarter versus EPS of $0.62 in the year-earlier quarter.

Revenue: Rose 8.29% to $290.7 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Life Time Fitness Inc. reported adjusted EPS income of $0.67 per share. By that measure, the company beat the mean analyst estimate of $0.65. It beat the average revenue estimate of $287.08 million.

Quoting Management: “We delivered solid revenue, net income and earnings-per-share performance in the first quarter,” said Bahram Akradi, chairman, president and chief executive officer. “Our focus continues to be delivering on our member experience and connectivity objectives, while building our Healthy Way of Life Company and brand. Today, our wide range of interest-driven programs and services, and certified professionals help our members establish personalized health objectives and plans that allow them to achieve real, sustainable results. This has created a differentiated and powerful business model for Life Time that we believe positions us for long-term growth and success.”

Key Stats (on next page)…

Revenue increased 5.59% from $275.32 million in the previous quarter. EPS increased 19.64% from $0.56 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.82 to a profit $0.78. For the current year, the average estimate has moved down from a profit of $3.17 to a profit of $2.89 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)