Lifetime Brands Inc reports results for the quarter ended in September 30 - Earnings Summary
08/11/2024 04:42
* Lifetime Brands Inc LCUT.OQ reported quarterly adjusted
earnings of 21 cents per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 36 cents. The mean expectation of
three analysts for the quarter was for earnings of 39 cents per
share. Wall Street expected results to range from 34 cents to 46
cents per share.
* Revenue fell 4.1% to $183.84 million from a year ago;
analysts
expected $196.99 million.
* Lifetime Brands Inc's reported EPS for the quarter was 2
cents.
* The company reported quarterly net income of $344
thousand.
* Lifetime Brands Inc shares had risen by 0.9% this
quarter and
lost 1.6% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 3.4%
in the last three months.
* In the last 30 days, one analyst negatively revised an
earnings
estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the appliances,
tools &
housewares peer group is also "buy"
Wall Street's median 12-month price target for Lifetime Brands
Inc is $13.00
This summary was machine generated from LSEG data November 8 at
04:42 a.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.39 0.21 Missed
Jun. 30 2024 -0.03 -0.03 Met
Mar. 31 2024 -0.14 -0.15 Missed
Dec. 31 2023 0.33 0.29 Missed