Lifetime Brands Inc expected to post a loss of 6 cents a share - Earnings Preview

Lifetime Brands

03/08/2021 12:10

* Lifetime Brands Inc  LCUT.OQ   LCUT.O  is expected to show a
rise in quarterly revenue when it reports results on August 5. 
* The Garden City, New York-based company is expected to report 
 a 6.9% increase in revenue to $160.551 million from $150.14
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Lifetime Brands Inc is
for a loss of 6 cents per share. For the same quarter last year,
the company reported a loss of 15 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "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 $21.5​, about 29.3% above​ its last closing price
of $15.19. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.22       -0.22      0.13      Beat    159.1
 Dec. 31 2020  0.57        0.57       0.70      Beat    23.9
 Sep. 30 2020  0.45        0.44       0.65      Beat    49.4​
 Jun. 30 2020  -0.29       -0.29      -0.15     Beat    48.3
 Mar.          -0.19​      -0.18      -0.27     Missed  -45.9​
 31​ 2020​                                              
 Dec. 31 2019  1.00        0.79       0.99      Beat    26.1​
 Sep. 30 2019  0.42        0.42       -0.13     Missed  -131
 This summary was machine generated August 3 at 11:10 GMT.  All
figures in US dollars unless otherwise stated