Life Time Fitness Q4 Profit Rises; Revenue Up 5.7% - Quick Facts

(RTTNews) - Life Time Fitness, Inc. (LTM) reported that its fourth-quarter net income increased to $26.04 million or $0.63 per share, from $23.43 million or $0.56 per share, last year.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.62 for the quarter. Analysts' estimates typically exclude special items.

Total revenue increased to $291.04 million, from $275.32 million, a year ago. Analysts expected revenue of $294.15 million for the quarter.

The company expects its fiscal 2014 revenue to be up 8-9.5%, or $1.30 billion-1.32 billion, driven primarily by price and mix optimization, square foot expansion, and growth in in-center and ancillary business revenue. Earnings per share is expected to be $3.05-$3.15. Analysts expect the commpany to report fiscal 2014 profit per share of $3.12 on revenue of $1.32 billion.