Lifetime Brands (NASDAQ:LCUT – Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, May 9th. Analysts expect Lifetime Brands to post earnings of ($0.09) per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.
Lifetime Brands (NASDAQ:LCUT – Get Free Report) last announced its quarterly earnings results on Tuesday, March 12th. The company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.03). The firm had revenue of $203.14 million during the quarter, compared to the consensus estimate of $196.48 million. Lifetime Brands had a negative net margin of 1.23% and a positive return on equity of 4.84%. 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 Up 0.2 %
LCUT traded up $0.02 during midday trading on Tuesday, hitting $9.85. 2,897 shares of the company’s stock traded hands, compared to its average volume of 73,088. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.48 and a quick ratio of 1.24. Lifetime Brands has a one year low of $4.31 and a one year high of $11.08. The stock’s fifty day simple moving average is $9.82 and its 200-day simple moving average is $8.02.
Lifetime Brands Dividend Announcement
Wall Street Analysts Forecast Growth
LCUT has been the topic of several recent research reports. Canaccord Genuity Group raised their target price on Lifetime Brands from $8.00 to $11.00 and gave the company a “buy” rating in a report on Wednesday, March 13th. TheStreet upgraded Lifetime Brands from a “d+” rating to a “c-” rating in a report on Monday, March 11th. Finally, DA Davidson increased their target price on Lifetime Brands from $9.50 to $11.50 and gave the company a “buy” rating in a research note on Monday, March 25th.
Check Out Our Latest Stock Analysis on LCUT
About Lifetime Brands
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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