Lifetime Brands Sees FY24 Adj. EPS $0.69-$0.78 vs $0.67 Est., Net Sales $690M-$730M vs $691.09M Est.
Portfolio Pulse from Benzinga Newsdesk
Lifetime Brands projects its FY24 adjusted EPS to be between $0.69 and $0.78, surpassing the estimated $0.67. The company also forecasts net sales to range from $690M to $730M, closely aligning with the estimated $691.09M.

May 09, 2024 | 11:04 am
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Lifetime Brands projects higher-than-expected adjusted EPS for FY24 and net sales in line with estimates, indicating potential growth.
Lifetime Brands' projection of a higher adjusted EPS than the estimated figure suggests a positive outlook on profitability, likely to boost investor confidence and potentially lead to a short-term increase in stock price. The net sales forecast, being in line with estimates, reinforces the company's stable growth expectations without significant surprises.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100