Lifetime Brands: Q3 Earnings Insights

Lifetime Brands (NASDAQ: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.

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.

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.