Lifetime Brands Inc expected to post a loss of 14 cents a share - Earnings Preview
07/05/2024 14:03
* Lifetime Brands Inc LCUT.OQ LCUT.O is expected to show
a
fall in quarterly revenue when it reports results on May 9 for
the period ending January 1 0001
* The Garden City New York-based company is expected to
report a
0.3% decrease in revenue to $144.937 million from $145.44
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Net Sales)
* LSEG's mean analyst estimate for Lifetime Brands Inc is
for a
loss of 14 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Lifetime
Brands
Inc is $11.50, above its last closing price of $9.83.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.35 0.33 0.29 Missed -13
Jan. 1 2023 0.25 0.25 0.36 Beat 44
Jun. 30 2023 -0.18 -0.15 -0.02 Beat 86.8
Mar. 31 2023 -0.20 -0.20 -0.12 Beat 39
Dec. 0.16 0.15 0.22 Beat 51.7
31 2022
Sep. 30 2022 0.31 0.32 0.16 Missed -49.2
Jun. 30 2022 0.04 0.05 -0.14 Missed -380
Mar. 31 2022 0.07 0.07 0.06 Missed -14.3
This summary was machine generated May 7 at 13:02 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)