Life Time Fitness, Inc. (NYSE: LTM), The Healthy Way of Life Company, today announced preliminary results for the fourth quarter and full year ended December 31, 2012. The Company expects to report revenue in the range of $273.0-275.0 million, net income of $22.0-23.5 million and diluted earnings per share of $0.53-0.56 for 4Q 2012. For the year, expectations include revenue of $1.125-1.127 billion, net income of $110.0-111.5 million and diluted earnings per share of $2.63-2.66. The Company previously provided guidance of $1.127-1.137 billion in revenue, net income of $114.5-116.0 million and diluted earnings per share of $2.73-2.76 for 2012. Included in the preliminary results is approximately $0.07 of diluted earnings per share impact in the fourth quarter from losses related to the effect of Hurricane Sandy upon operations, other unrelated self-insured expenses, and costs related to the inaugural launch of Commitment Day. Commitment Day is a year-round movement involving events and activities commencing on January 1 and continuing throughout the year, urging people to commit to healthy eating, exercise, personal responsibility, giving and a healthy planet. Additionally, during the fourth quarter, the Company experienced slightly lower year-over-year membership growth than planned, coupled with higher membership acquisition costs. For the year ended 2012, the Company expects dues growth of nearly 10% and memberships to increase by approximately 1%. Finally, during the fourth quarter, the Company also made incremental investments in consumer-facing technology, including scheduling systems and mobile applications. The Company also announced preliminary 2013 guidance. Three new center openings are planned during the year, including one in the first half and two in the second half of 2013. Expectations include revenue of $1.200-1.220 billion, net income of $120.0-124.0 million and diluted earnings per share of $2.85-2.95 for the year. 2013 revenue and earnings are expected to be driven primarily by price and mix optimization, and growth in in-center and ancillary business revenue. The Company’s preliminary guidance includes the anticipated impact of the timing of 2013 new center openings, pre-sale expenses for centers opening in early 2014 and the investment in growth initiatives.