Life Time Group Holdings, Inc. (LTH) stock surged 5.31% in pre-market trading on Thursday, following the company's release of preliminary financial results for Q4 2024 and full-year 2024, as well as its guidance for fiscal 2025.
The company reported strong estimated financial performance for Q4 2024 and full-year 2024, highlighting growth across key metrics such as revenue, net income, adjusted net income, and adjusted EBITDA. Specifically, Life Time Group Holdings expects total revenue to increase by approximately 18.5% year-over-year in Q4 and 18.2% for the full year.
Moreover, the company provided an upbeat guidance for fiscal 2025, forecasting revenue growth of 12.2%, net income growth of 75.8%, and adjusted EBITDA growth of 14.1% compared to the preliminary 2024 results. The positive outlook, driven by expectations of continued membership growth, revenue expansion, and operational efficiency improvements, likely fueled investor optimism and contributed to the stock's pre-market surge.