Lifetime Brands: Q3 Earnings Insights

Lifetime Brands: Q3 Earnings Insights

Lifetime Brands LCUT reported its Q3 earnings results on Thursday, November 3, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Lifetime Brands missed estimated earnings by 54.29%, reporting an EPS of $0.16 versus an estimate of $0.35.

Revenue was down $38.19 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.19 which was followed by a 2.58% drop in the share price the next day.

Here's a look at Lifetime Brands's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.05 0.07 0.47 0.40
EPS Actual -0.14 0.06 0.65 0.61
Revenue Estimate 182.55M 193.98M 263.58M 238.24M
Revenue Actual 151.31M 182.72M 255.86M 224.78M

To track all earnings releases for Lifetime Brands visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings