Investing.com - Life Time Holdings reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Life Time Holdings announced earnings per share of $0.12 on revenue of $496.4M. Analysts polled by Investing.com anticipated EPS of $-0.08 on revenue of $498.96M.
Life Time Holdings shares are down 16.73% from the beginning of the year and are trading at $9.79 , down-from-52-week-high.
Life Time Holdings shares lost 10.51% in pre-market trade after the report.
Life Time Holdings follows other major Consumer Discretionary sector earnings this month
Life Time Holdings's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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