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Lifestance Health Group (LFST)
NASDAQ:LFST
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Earnings Data
Report Date
Mar 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.03Last Year’s EPS
-$0.12Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: 2.24%
|Next Earnings Date:Mar 06, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with substantial revenue growth and improved margins. Despite the headwinds from payer rate dynamics and natural disasters, LifeStance Health managed to exceed expectations and improve its financial outlook. However, challenges remain with rate reductions and cash flow impacts due to payroll changes.Company Guidance
During the LifeStance Health third quarter 2024 earnings call, the company reported a revenue growth of 19% year-over-year, reaching $313 million, attributed to higher total revenue per visit and increased visit volumes. The firm added 285 net clinicians, growing its team to over 7,200, which represents a 13% increase year-over-year. The center margin improved 32% to $100 million, while adjusted EBITDA rose 110% to $31 million, marking the fourth consecutive quarter of doubled year-over-year growth. The company's gross and net leverage ratios improved to 2.7x and 1.7x, respectively. LifeStance raised its full-year revenue guidance to a range of $1.228 billion to $1.248 billion and adjusted EBITDA to $105 million to $115 million. For the fourth quarter, the company expects revenue between $302.5 million and $322.5 million and adjusted EBITDA between $18 million and $28 million. Despite a challenging environment with payer rate dynamics, LifeStance aims for mid-teens revenue growth and double-digit margins by the end of 2025.Strong Revenue Growth and Profit Margin
LifeStance Health achieved a revenue growth of 19% year-over-year and a solid operating profit margin of 9.8% in the third quarter. The company has consistently met or exceeded expectations for eight consecutive quarters.
Increase in Clinician Numbers
The company added 285 net clinicians in the third quarter, bringing the total clinician base to 7,269, a 13% increase year-over-year.
Successful Implementation of Digital Tools
LifeStance Health has rolled out a new digital patient check-in tool in 11 states, leading to higher patient satisfaction, operational efficiencies, and significant improvements in patient collections.
Improved Financial Outlook for 2024
The company raised its full-year revenue, center margin, and adjusted EBITDA guidance due to strong performance, with expectations of $1.228 billion to $1.248 billion in revenue.
Adjusted EBITDA Growth
Adjusted EBITDA of $31 million in the third quarter increased 110% year-over-year, marking the fourth consecutive quarter of doubling adjusted EBITDA year-over-year.
Positive Free Cash Flow
LifeStance Health generated approximately $30 million of free cash year-to-date and expects to finish the full year with meaningful positive free cash flow.
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LFST Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LFST Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $7.13 | $7.68 | +7.71% |
| Aug 08, 2024 | $5.51 | $5.93 | +7.62% |
| May 09, 2024 | $6.98 | $7.12 | +2.01% |
| Feb 28, 2024 | $6.70 | $8.71 | +30.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Lifestance Health Group (LFST) report earnings?
Lifestance Health Group (LFST) is schdueled to report earning on Mar 06, 2025, TBA Not Confirmed.
What is Lifestance Health Group (LFST) earnings time?
Lifestance Health Group (LFST) earnings time is at Mar 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LFST EPS forecast?
LFST EPS forecast for the fiscal quarter 2024 (Q4) is -$0.03.
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