Lifetime Brands Q3 Adj EPS $0.36 Beats $0.26 Estimate, Sales $191.67M Beat $184.79M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lifetime Brands (NASDAQ:LCUT) reported Q3 adjusted earnings of $0.36 per share, beating the analyst consensus estimate of $0.26 by 38.46%. This is a 125% increase from the same period last year. The company also reported quarterly sales of $191.67 million, beating the analyst consensus estimate of $184.79 million by 3.72%, a 2.72% increase from the same period last year.
November 09, 2023 | 12:06 pm
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Lifetime Brands reported strong Q3 results, beating both earnings and sales estimates. This could potentially lead to a positive market reaction.
Lifetime Brands reported a significant increase in earnings and a slight increase in sales compared to the same period last year. This outperformance against analyst estimates is typically viewed positively by the market, which could lead to an increase in the company's stock price in the short term.
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