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

Lifetime Brands

03/11/2022 14:40

* Lifetime Brands Inc  LCUT.OQ  reported quarterly adjusted
earnings of 16 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 32 cents per share.
    * Revenue fell 17% to $186.59 million from a year ago;
analysts
expected $196.52 million. 
    * Lifetime Brands Inc's reported EPS for the quarter was a
loss
of 30 cents​.
    * The mean earnings estimate of analysts had fallen by
about 36.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Lifetime Brands Inc shares had risen by 18.6% this
quarter and
lost 49.7% so far this year.
    * The company reported a quarterly loss of $6.36 million.
    * Wall Street's median 12-month price target for Lifetime
Brands
Inc is $19.25 
    * 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 Refinitiv data November
3 at 02:39 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.32           0.16           Missed
 Jun. 30 2022      0.05           -0.14          Missed
 Mar. 31 2022      0.07           0.06           Missed
 Dec. 31 2021      0.48           0.65           Beat