Lifetime Brands Inc reports results for the quarter ended in December - Earnings Summary

Lifetime Brands

09/03/2023 13:45

* Lifetime Brands Inc  LCUT.OQ  reported quarterly adjusted
earnings of 22 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of 14 cents per share.
    * Revenue fell 19.1% to $207.04 million from a year ago;
analysts
expected $199.32 million. 
    * Lifetime Brands Inc's reported EPS for the quarter was 15
cents​.
    * The mean earnings estimate of analysts had fallen by
about 39.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Lifetime Brands Inc shares had fallen by 22.0% this
quarter.
    * The company reported quarterly net income of $3.27
million.
    * Wall Street's median 12-month price target for Lifetime
Brands
Inc is $12.25 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 01:45 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.15           0.22           Beat
 Sep. 30 2022      0.32           0.16           Missed
 Jun. 30 2022      0.05           -0.14          Missed
 Mar. 31 2022      0.07           0.06           Missed