Life Time Fitness sees soft Q2

Investor's Business Daily

Shares fell 8.4% as Life Time Fitness (NYSE:LTM - News) forecast full-year EPS of $2.65-$2.73 vs. $2.75 expected by analysts. The health club chain's Q1 EPS climbed 22% to 62 cents, beating views by a penny. Revenue rose 12% to $268.4 mil, missing. Membership grew 8.2% to 704,467 at the end of March, including those in its Lifestyle Family Fitness acquisition. Revenue from centers open over a year climbed 5.4%.

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