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

Lifetime Brands

06/08/2021 16:56

* Lifetime Brands Inc  LCUT.OQ  reported quarterly adjusted
earnings of 28 cents​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was for a
loss of 6 cents per share.
* Revenue rose 24.3% to $186.64 million from a year ago; 
analysts expected $160.55 million. 
* Lifetime Brands Inc's reported EPS for the quarter was 27
cents​.
* The mean earnings estimate of analysts had fallen by
about 9.1% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Lifetime Brands Inc shares had risen by 14.9% this quarter and
gained 13.2% so far this year.
* The company reported quarterly net income of $5.79 million.
* Wall Street's median 12-month price target for Lifetime Brands
Inc is $23.50 
* 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 August 6 at 03:56 p.m.  ​All
figures in US dollars unless otherwise stated