CHANHASSEN, Minn. _ Life Time Fitness Inc. on Thursday reported fourth-quarter profit of $22.4 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. Analysts expected $315.2 million, according to Zacks.
Some of Monday's midday movers:
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Among the earnings stories for Thursday, Oct. 18, from AP Business News:. _ Life Time Fitness Inc. said that its third-quarter profit rose 19 percent as more people joined its gyms and spent more money at them.
CHANHASSEN, Minn.-- Life Time Fitness Inc. said Thursday that its third-quarter profit rose 19 percent as more people joined its gyms and spent more money at them. For the quarter ended Sept. 30, the Chanhassen, Minn.- based company earned $32.1 million, or 77 cents per share, up from $27 million, or 66 cents per share, in the same quarter last year.
*Wedbush starts Town Sports International Holdings Inc with neutral. *Wedbush starts Life Time Fitness Inc with outperform rating; price. Reuters Station users, click. 1568.
Jim Cramer’s researcher, Nicole Urken, takes a look at the continued surge in health-related stocks.
When it comes to fitness centers, Cramer prefers this company’s stock.
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Cramer checks in with Life Time Fitness CEO Bahram Akradi.
Mad Money's Cramer says, think of this company as the Whole Foods of the fitness biz, and discusses whether the company can continue to outperform, with Bahram Akradi, Life Time Fitness CEO.
The Lightning Round is extended in this CNBC.com exclusive feature.
Cramer chats with Life Time Fitness CEO Bahram Akradi.
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