Lifetime Brands (NASDAQ:LCUT – Get Free Report) will announce its earnings results before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
Lifetime Brands (NASDAQ:LCUT – Get Free Report) last posted its quarterly earnings results on Tuesday, March 12th. The company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). Lifetime Brands had a positive return on equity of 4.84% and a negative net margin of 1.23%. The business had revenue of $203.14 million during the quarter, compared to analysts’ expectations of $196.48 million. On average, analysts expect Lifetime Brands to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Lifetime Brands Trading Down 4.5 %
Shares of LCUT opened at $9.39 on Wednesday. Lifetime Brands has a 1 year low of $4.31 and a 1 year high of $11.08. The company has a 50 day simple moving average of $9.81 and a two-hundred day simple moving average of $8.05. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.48 and a quick ratio of 1.24. The firm has a market cap of $207.24 million, a P/E ratio of -24.08, a price-to-earnings-growth ratio of 0.93 and a beta of 1.38.
Lifetime Brands Dividend Announcement
Analyst Ratings Changes
A number of research analysts have recently weighed in on LCUT shares. DA Davidson raised their price objective on Lifetime Brands from $9.50 to $11.50 and gave the company a “buy” rating in a research report on Monday, March 25th. TheStreet upgraded Lifetime Brands from a “d+” rating to a “c-” rating in a report on Monday, March 11th. Finally, Canaccord Genuity Group upped their price objective on Lifetime Brands from $8.00 to $11.00 and gave the stock a “buy” rating in a report on Wednesday, March 13th.
Read Our Latest Stock Analysis on LCUT
Lifetime Brands Company Profile
Lifetime Brands, Inc designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the worldwide. The company provides kitchenware products, including kitchen tools and gadgets, cutlery, kitchen scales, thermometers, cutting boards, shears, cookware, pantryware, spice racks, and bakeware; and tableware products comprising dinnerware, stemware, flatware, and giftware.
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