RTTNews | Jan 10, 2022 10:54AM EST

10:53 Monday, January 10, 2022 (RTTNews.com) - Shares of fitness franchisor F45 Training Holdings Inc. (FXLV) are falling more than 3% Monday morning despite reporting fourth-quarter preliminary revenue outlook, better than analysts' view.

The company expects total revenue of $133 million to $136 million in the fourth quarter, compared with average estimate of analysts polled by Thomson Reuters at $61.16 million.

Fourth quarter results are expected to be reported in early March.

FXLV is at $10.65 currently. It has traded in the range of $9.38- $17.75 in the past 52 weeks.

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