Life Time Fitness (NYSE: LTM) reported earnings on July 25. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q2), Life Time Fitness met expectations on revenues and beat slightly on earnings per share.

Compared to the prior-year quarter, revenue expanded. GAAP earnings per share grew.

Gross margins dropped, operating margins grew, net margins grew.

Revenue details
 Life Time Fitness booked revenue of $308.1 million. The nine analysts polled by S&P Capital IQ expected sales of $308.0 million on the same basis. GAAP reported sales were 6.9% higher than the prior-year quarter's $288.3 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
 EPS came in at $0.80. The nine earnings estimates compiled by S&P Capital IQ predicted $0.79 per share. GAAP EPS of $0.80 for Q2 were 9.6% higher than the prior-year quarter's $0.73 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Margin details
 For the quarter, gross margin was 42.6%, 300 basis points worse than the prior-year quarter. Operating margin was 19.7%, 10 basis points better than the prior-year quarter. Net margin was 10.8%, 30 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $316.2 million. On the bottom line, the average EPS estimate is $0.83.

Next year's average estimate for revenue is $1.21 billion. The average EPS estimate is $2.93.

Investor sentiment
 The stock has a one-star rating (out of five) at Motley Fool CAPS, with 170 members out of 353 rating the stock outperform, and 183 members rating it underperform. Among 105 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 59 give Life Time Fitness a green thumbs-up, and 46 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Life Time Fitness is outperform, with an average price target of $54.63.

Looking for alternatives to Life Time Fitness? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.