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

Lifetime Brands

05/05/2022 20:26

* Lifetime Brands Inc  LCUT.OQ  reported quarterly adjusted
earnings of 6 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 7 cents per share.
    * Revenue fell 6.6% to $182.72 million from a year ago; 
analysts
expected $193.98 million. 
    * Lifetime Brands Inc's reported EPS for the quarter was 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 57.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Lifetime Brands Inc shares had fallen by 1.8% this
quarter and
lost 21.0% so far this year.
    * The company reported quarterly net income of $380
thousand.
    * Wall Street's median 12-month price target for Lifetime
Brands
Inc is $26.75 
    * 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 May 5 at 07:26 p.m.  ​All
figures in US dollars unless otherwise stated