Preview: Lifetime Brands's Earnings
Portfolio Pulse from Benzinga Insights
Lifetime Brands (NASDAQ:LCUT) is scheduled to release its quarterly earnings report on 2024-03-12, with analysts expecting an EPS of $0.33. The company's past earnings performance shows mixed results with both beats and misses compared to estimates, affecting stock prices variably. Shares of LCUT have risen 76.3% over the last 52 weeks, indicating a positive outlook from long-term shareholders ahead of the earnings announcement.
March 11, 2024 | 4:00 pm
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POSITIVE IMPACT
Lifetime Brands is expected to report an EPS of $0.33 for the latest quarter. Historical performance shows variable stock price reactions to earnings announcements. Shares have significantly appreciated over the past year.
Given the positive long-term shareholder outlook and the significant 52-week share price increase, the anticipation of a favorable earnings report, especially if LCUT beats the EPS estimate and provides positive guidance, could lead to a short-term positive impact on LCUT's stock price. However, the historical mixed reactions to earnings announcements introduce some uncertainty, hence the confidence score is not at the maximum.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100