Lifetime Brands Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
13 Mar
Lifetime Brands Inc reports results for the quarter ended December 31 - Earnings Summary
  • Lifetime Brands Inc LCUT.OQ reported quarterly adjusted earnings of 55 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 29 cents. The mean expectation of three analysts for the quarter was for earnings of 43 cents per share. Wall Street expected results to range from 42 cents to 45 cents per share.

  • Revenue rose 5.9% to $215.21 million from a year ago; analysts expected $205.07 million.

  • Lifetime Brands Inc's reported EPS for the quarter was 41 cents​.

  • The company reported quarterly net income of $8.92 million.

  • Lifetime Brands Inc shares had fallen by 12.2% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 11.3% 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 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 $7.00

This summary was machine generated from LSEG data March 13 at 01:30 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

Dec. 31 2024

0.43

0.55

Beat

Sep. 30 2024

0.39

0.21

Missed

Jun. 30 2024

-0.03

-0.03

Met

Mar. 31 2024

-0.14

-0.15

Missed

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10