• Markets
• News

• Lifetime Brands Inc LCUT.OQ reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of three analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -5 cents to -1 cents per share.

• Revenue fell 3.3% to $141.67 million from a year ago; analysts expected $144.00 million.

• Lifetime Brands Inc's reported EPS for the quarter was a loss of 85 cents​.

• The company reported a quarterly loss of $18.17 million.

• Lifetime Brands Inc shares had fallen by 15.4% this quarter and gained 8.3% so far this year.

FORECAST CHANGES

• In the last 30 days, one analyst revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," "hold" and "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 $13.00

This summary was machine generated from LSEG data August 8 at 02:06 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)