Lifetime Brands Reaffirms FY23 Sales Of $660M-$720M Vs. Consensus Of $529.73M, With Adjusted EPS Of $0.53-$0.64 Vs. Consensus Of $0.42
Portfolio Pulse from Benzinga Newsdesk
Lifetime Brands has reaffirmed its FY23 sales forecast of $660M-$720M, significantly higher than the consensus estimate of $529.73M. The company also expects its adjusted EPS to be between $0.53 and $0.64, compared to the consensus estimate of $0.42.
August 04, 2023 | 1:15 pm
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Lifetime Brands' reaffirmed FY23 sales and EPS forecasts are significantly higher than consensus estimates, which could positively impact its stock price.
Lifetime Brands has reaffirmed its FY23 sales and EPS forecasts, both of which are significantly higher than consensus estimates. This suggests that the company is confident in its future performance, which could lead to increased investor confidence and a potential rise in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100