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Life Time Group beat earnings estimates with $782.65M revenue and $0.41 EPS, driving stock interest.
Life Time Group Holdings reported stronger-than-expected second-quarter earnings, with revenue of $782.65 million and EPS of $0.41, beating estimates.
The company’s stock, trading around $25.66, has a market cap of $5.66 billion and a P/E ratio of 19.89.
Frontier Capital Management increased its stake by 19%, while Jump Financial LLC boosted its position by 565%.
Analysts maintain a mixed outlook, with a consensus "moderate buy" rating and a $37.00 average price target.
The company operates fitness and wellness centers across the U.S. and Canada.
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Life Time Group superó las estimaciones de ganancias con $782.65M de ingresos y $0.41 EPS, impulsando el interés en las acciones.