Life Time Fitness, Inc. (LTM) Tops Q1 EPS by 1c

Life Time Fitness, Inc. (NYSE: LTM) reported Q1 EPS of $0.69, $0.01 better than the analyst estimate of $0.68. Revenue for the quarter came in at $312 million versus the consensus estimate of $309.47 million.

Total memberships grew to 812,011 at March 31, 2014, from 809,813 at March 31, 2013.

• Access memberships were down 0.9% to 702,011 at March 31, 2014, from 708,563 at March 31, 2013.
• Non-Access memberships grew 8.6% to 110,000 at March 31, 2014, from 101,250 at March 31, 2013.
• Attrition in 1Q 2014 was 8.2%, the same as the prior-year period. Attrition for the trailing 12-month period ended March 31, 2014, was 35.7% compared to trailing 12-month attrition of 33.9% at March 31, 2013.

For earnings history and earnings-related data on Life Time Fitness, Inc. (LTM) click here.

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