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

Lifetime Brands

03/08/2023 14:34

* Lifetime Brands Inc  LCUT.OQ  reported a quarterly
adjusted loss
of 2 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 15 cents per share.
    * Revenue fell 3.2% to $146.44 million from a year ago;
analysts
expected $136.28 million. 
    * Lifetime Brands Inc's reported EPS for the quarter was a
loss
of 31 cents​.
    * The mean earnings estimate of analysts had risen by
about 32.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Lifetime Brands Inc shares had fallen by 2.7% this
quarter and
lost 27.5% so far this year.
    * The company reported a quarterly loss of $6.52 million.
    * Wall Street's median 12-month price target for Lifetime
Brands
Inc is $9.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 01:34 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.15          -0.02          Beat
 Mar. 31 2023      -0.20          -0.12          Beat
 Dec. 31 2022      0.15           0.22           Beat
 Sep. 30 2022      0.32           0.16           Missed