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

• Lifetime Brands Inc LCUT.OQ reported a quarterly adjusted loss of 25 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -15 cents. The mean expectation of two analysts for the quarter was for a loss of 9 cents per share. Wall Street expected results to range from -14 cents to -5 cents per share.

• Revenue fell 1.5% to $140.09 million from a year ago; analysts expected $142.66 million.

• Lifetime Brands Inc's reported EPS for the quarter was a loss of 19 cents​.

• Lifetime Brands Inc shares had fallen by 33.3% this quarter and lost 44.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 25% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• 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." 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 $7.50

This summary was machine generated from LSEG data May 8 at 03:23 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)