Lifetime Brands Q2 Adj EPS $(0.02) Beats $(0.22) Estimate, Sales $146.44M Beat $131.64M Estimate
Portfolio Pulse from totan@benzinga.com
Lifetime Brands (NASDAQ:LCUT) reported Q2 losses of $(0.02) per share, beating the analyst consensus estimate of $(0.22) by 90.91%. The company also reported quarterly sales of $146.44 million, surpassing the analyst consensus estimate of $131.64 million by 11.24%. However, this represents a 3.22% decrease over sales of $151.31 million from the same period last year.
August 04, 2023 | 12:56 pm
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POSITIVE IMPACT
Lifetime Brands reported better than expected Q2 results, which could positively impact its stock price.
Lifetime Brands reported Q2 losses and sales that beat analyst estimates, which is generally seen as positive news by investors and could lead to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100