Lifetime Brands Inc expected to post a loss of 20 cents a share - Earnings Preview

Lifetime Brands

08/05/2023 14:43

* Lifetime Brands Inc  LCUT.OQ   LCUT.O  is expected to show
a
fall in quarterly revenue when it reports  results on May 10. 
    * The Garden City New York-based  company is expected to
report  a
12.6% decrease in revenue to $159.646 million from $182.72
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Lifetime Brands Inc
is
for a loss of 20 cents per share. 
    * The current average analyst rating on the shares is
"strong 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 had fallen by
about 12.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Lifetime
Brands
Inc is $12​, above​ its last closing price of $5.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.16        0.15       0.22      Beat    51.7
 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
 ​​Dec.        0.46        0.48       0.65      Beat    36.8
 31 2021                                                
 Sep. 30 2021  0.40        0.40       0.61      Beat    52.5​
 Jun. 30 2021  -0.06       -0.06      0.28      Beat    566.7
 Mar. 31 2021  -0.22       -0.22      0.13      Beat    159.1
 This summary was machine generated May 8 at 13:43 GMT.  All
figures in US dollars  unless otherwise stated