Lifetime Brands Inc reports results for the quarter ended June 30 - Earnings Summary
Lifetime Brands Inc reports results for the quarter ended June 30 - Earnings Summary
Lifetime Brands Inc LCUT.OQ reported quarterly adjusted earnings of $1.18 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -50 cents. The mean expectation of three analysts for the quarter was for a loss of 21 cents per share. Wall Street expected results to range from -24 cents to -20 cents per share.
Revenue rose 7.4% to $141.57 million from a year ago; analysts expected $136.66 million.
Lifetime Brands Inc's reported EPS for the quarter was 87 cents.
The company reported quarterly net income of $19.61 million.
Lifetime Brands Inc shares had fallen by 1.3% this quarter and gained 113.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 11.1% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the appliances, tools & housewares peer group is "hold."
Wall Street's median 12-month price target for Lifetime Brands Inc is $10.00, about 15.8% above its last closing price of $8.42
This summary was machine generated from LSEG data August 6 at 01:32 p.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 |
Jun. 30 2026 | -0.21 | 1.18 | Beat |
Mar. 31 2026 | -0.13 | 0.04 | Beat |
Dec. 31 2025 | 0.31 | 1.05 | Beat |
Sep. 30 2025 | 0.16 | 0.11 | Missed |
Recent news on Lifetime Brands
See all newsLifetime Brands Inc reports results for the quarter ended June 30 - Earnings Summary
Lifetime Brands Q2 net sales rise 7.4%, beat estimates
Lifetime Brands Inc expected to post a loss of 21 cents a share - Earnings Preview
NASDAQ RESUMED AT 09:41 AM
NASDAQ TRADE HALT VOLATILITY TRADING PAUSE AT 09:36 AM